Announcements

Bucharest Stock Exchange (BVB) informs that a new certificate of SSIF BRK Financial Group SA (BRK) will start trading on Thursday, August 9, 2018.

The characteristics of this product are presented in the table below:

Bucharest Stock Exchange (BVB) informs that two new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Tuesday, August 7, 2018. 

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) announces that, starting with 2^nd of August 2018,

• the price correction factor c_i,T for Banca Transilvania S.A. (TLV), related to the bonus share issue, which will be considered in calculating BET, BET-TR, BET-BK, BET-XT, BET-XT-TR and BET Plus indices is 1.108499.

• the price correction factor c_i,T for CEMACON S.A. (CEON), related to the bonus share issue, which will be considered in calculating BET Plus index is 4.198000.

The value of c_i,T for TLV and CEON was determined according to the 4.2.2 article of BVB index management rules:

“4.2.2. Bonus share issue

If an index constituent carries out a bonus share issue, the price correction factor c_i,T is determined as follows:

number of shares of stock i at time T

number of shares of stock i at time T-1”

According to Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, Book I of the BVB Rulebook,

• the reference price of TLV shares for the trading session of August 2^nd, 2018 is 2.255;

• the reference price of CEON shares for the trading session of August 2^nd, 2018 is 0.219.

According to Art. 43¹ (1), Title III, Book I of the BVB Rulebook, the maximum price variation to reference price, as per Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, will be applied for TLV and CEON shares in the trading session of August 2^nd, 2018.

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that on Monday, July 16, 2018, 12 certificates of Erste Group Bank AG (EBS) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) hereby publishes the list of shares of the companies listed on BVB’s AeRO market that will be traded on the continuous model starting from July 11, 2018, as follows:

Bucharest Stock Exchange (BVB) hereby publishes the list of the companies listed on BVB’s AeRO market that will be traded based on the auction model starting from July 11, 2018, as follows:

Bucharest Stock Exchange (BVB) informs that on Friday, July 6, 2018, five new certificates of SSIF BRK Financial Group SA (BRK) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs Banca Transilvania issued its first bonds issue, which was admitted to trading on the Spot Regulated Market of BVB. The bonds can be traded on BVB starting from July 6^th.

The characteristics of this bonds issue are presented in the table below:

Banca Transilvania ranks second amongst Romanian banks, in terms of assets. The bank’s history began in Cluj-Napoca in 1994. The company originally focused its activity on the SME sector and, due to market demand, after a short while it also turned its attention to retail. In 1997, Banca Transilvania became the first banking institution in Romania to be listed on Bucharest Stock Exchange. The bank’s strategy is supported by strong shareholders, such as: the European Bank for Reconstruction and Development and IFC – the investment arm of the World Bank.

Bucharest Stock Exchange (BVB) announces that, starting with 5^th of July 2018, the price correction factor c_i,T for 2017 dividends for S.N.G.N. ROMGAZ S.A. (SNG) that will be considered in calculating the BET-TR and BET-XT-TR indices is 1.156869.

The value of c_i,T for SNG was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 25^th of June 2018, the price correction factor c_i,T for 2017 dividends for S.N.T.G.N. TRANSGAZ S.A. (TGN) that will be considered in calculating the BET-TR and BET-XT-TR indices is 1.132838.

The value of c_i,T for TGN was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) hereby announces that all the shares of the companies listed on the spot market of BVB will be traded based on the continuous trading model, starting from June 27, 2018.  

Shares of Alro S.A. (ALR ticker), the largest aluminium producer in terms of capacity in Continental Europe (excluding Russia and the Scandinavian Peninsula), will be promoted, starting from June 21, 2018, from the Standard Category to the Premium Category of the Spot Regulated Market of Bucharest Stock Exchange (BVB).

Alro shares first started trading on BVB on October 16, 1997. Overall, during the past 20 years of being a public company, Alro reported a turnover of USD 10 billion, a net profit of USD 780 million and total investments in excess of USD 680 million, out of which USD 570 million from 2002, the year the company became privately-owned, according to the company data. Alro planned in its long-term strategy to invest over USD 190 million from 2017 to 2021, out of which USD 100 million will be allotted to increase green efficiency.

Alro is subsidiary of Vimetco N.V., a global, vertically-integrated primary and processed aluminium producer. The main markets for Alro products is represented by the European Union, while company products are exported to USA and Asia as well. Alro Group saw sales of RON 2.7 billion or some USD 679 million in 2017, while its EBITDA amounted to RON 566 million or some USD 140 million last year.

Bucharest Stock Exchange (BVB) announces that, starting with 14^th of June 2018, the price correction factor c_i,T for IAR SA Brasov (IARV) which will be considered in calculating the BET-XT-TR index is 1.025877.

The value of c_i,T for IARV was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that three new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Tuesday, June 12, 2018.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) announces that, starting with 11^th of June 2018, the price correction factor c_i,T for 2017 dividends for CONPET S.A. (COTE) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.089294.

The value of c_i,T for COTE was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices (symbols’ weights in indices) will become effective as of June 18, 2018.

The new BVB index structures, respectively the free float factors (Ffi), the representation factors (Ri) and the price correction factors (Ci) were determined based on the number of shares and the closing prices on June 8, 2018.

The new BVB index structures are detailed in the appendix to this announcement.

Bucharest Stock Exchange (BVB) informs that on Friday, June 8, 2018, five new certificates of SSIF BRK Financial Group SA (BRK) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) announces that, starting with 8^th of June 2018,

• the price correction factor c_i,T related to 2017 dividends for FONDUL PROPRIETATEA (FP) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.075992

• the price correction factor c_i,T related to 2017 dividends for TERAPLAST S.A. (TRP) which will be considered in calculating the BET-XT-TR index is 1.031200

The values of c_i,T for FP and TRP were determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that starting with the 7^th of June 2018:  

• the price correction factor c_i,T related to 2017 dividends for SOCIETATEA ENERGETICA ELECTRICA S.A. (EL) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.073875
• the price correction factor c_i,T related to 2017 dividends for S.N. NUCLEARELECTRICA S.A (SNN) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.118265
• the price correction factor c_i,T related to 2017 dividends for TURBOMECANICA S.A (TBM) which will be considered in calculating the BET-XT-TR index is 1.103952.

The values of c_i,T for EL, SNN and TBM were determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that on Wednesday, June 6, 2018, 5 certificates of Erste Group Bank AG (EBS) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that, at the quarterly meeting held on the 4^th of June, the BVB Index Committee has decided the following:

1.1       To maintain the composition of BET, BET-TR, BET-XT, BET-XT-TR, BET-BK, BET-NG, BET-FI and BET Plus indices.

1.2        The weights of the indices’ components, i.e. the free-float factors (Ff_i), the representation factors (R_i) and the price correction factors (C_i), will be determined based on the number of shares and closing prices registered at the end of the trading session of June 8, 2018.

The new structures of BVB indices will be announced at the end of June 8, 2018, and will become effective as of June 18, 2018.

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 4^th of June 2018, the price correction factor c_i,T for Banca Transilvania S.A. (TLV) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.062740.

The value of c_i,T for TLV was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting from May 24, 2018, the price correction factor c_i,T for OMV PETROM S.A. (SNP) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.062402.

The value of c_i,T for SNP was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 21^st of May 2018,

• the price correction factor c_i,T for BURSA DE VALORI BUCURESTI S.A. (BVB) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.069352.

• the price correction factor c_i,T for DIGI COMMUNICATIONS N.V. (DIGI) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.011200.

The values of c_i,T for BVB and DIGI were determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that a new issue of bonds of Globalworth will start trading, under the symbol GWI25, on the Main Market on May 18, 2018. The bonds are defined by the following characteristics: 5,500 bonds, nominative, dematerialized, freely transferable, at a nominal value of EUR 100,000 and a total value worth EUR 550 million. The fixed interest rate which will be paid yearly is 3%, while the maturity date is set for Marh 29, 2025.

The corporate bonds are traded in euros on BVB, and the settlement is done directly in the European currency. For the first time in Romania, as of last year, Bucharest Stock Exchange implemented the settlement directly in euros, thus enhancing the degree of maturity and development of the local capital market. Following the Central Depository implementation of the trading and settlement rules and practices used in European mature markets, the BVB Group has significantly contributed to increasing the trust and attractiveness of Romania for foreign investors.

Globalworth corporate bonds have also been admitted to trading on the regulated market of the Irish Stock Exchange.

Globalworth is a real estate investment company operating in Central and South Eastern Europe, focusing mainly on the Romanian market. Managed by approximately 110 professionals across Romania and Poland, the combined value of its portfolio is EUR 1.9 billion.

Bucharest Stock Exchange (BVB) announces that, starting with 14^th of May 2018,

• the price correction factor c_i,T for ALRO S.A. (ALR) which will be considered in calculating the BET-XT-TR index is 1.144862.
• the price correction factor c_i,T for OIL TERMINAL S.A. (OIL) which will be considered in calculating the BET-XT-TR index is 1.050869.

The values of c_i,T for ALR and OIL were determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1  : closing price of symbol i at time T-1;   

D_i,T  : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

The seventh edition of the Individual Investors Forum will take place on June 9th at Radisson Blu, Bucharest, 63-81 Calea Victoriei, between 9 AM and 4:00 PM. The preliminary agenda of the event is available on the event's website, www.bvbforum.ro, and registration at the event will be possible soon.

This edition of the Individual Investors Forum will focus on the connection between the stock exchange, savings and investments. The forum is free of charge event, but participation is subject to registration on the dedicated web platform, while access is allowed with the limit of available seats. 

The Individual Investors Forum is a benchmark event organized by the Bucharest Stock Exchange, with the purpose to popularize the capital market among individuals. Each edition, those interested in investment and personal finance management had the chance to attend presentations on the situation of the capital market, interactive behavioural finance sessions, and seminars dedicated to start-up or advanced investors.

Bucharest Stock Exchange (BVB) announces that, starting with 8^th of May 2018, the price correction factor c_i,T for BRD – GROUPE SOCIETE GENERALE S.A. (BRD) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.115007.

The value of c_i,T for BRD was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) has decided to postpone the Individual Investors Forum scheduled to take place tomorrow, May 5th. As the location space supplier from Deschis Atelier has NOT met its contractual obligations, we were forced, from reasons independent of BVB, to announce the Individual Investors Forum would take place at a future date and location we plan to communicate shortly. 

Thank you for your understanding! 

Bucharest Stock Exchange (BVB) informs that on Monday, May 7, 2018, three new certificates of SSIF BRK Financial Group SA (BRK) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that on Thursday, April 26, 2018, a new municipal bonds issued by Bucharest Municipality will start trading on the Regulated Market of BVB.

The characteristics of this product are presented in the table below:

Overall, four municipal bonds issues of Bucharest Municipality have been traded on the Bucharest Stock Exchange since 2015.

Bucharest Stock Exchange (BVB) hereby publishes the list of shares of the companies listed on BVB’s regulated market that will be traded in the auction model starting from April 12, 2018, as follows:

Bucharest Stock Exchange (BVB) announces that, starting from the 10^th of April 2018, the price correction factor c_i,T for PATRIA BANK S.A. (PBK) which will be considered in calculating the BET Plus index is 1.074901.

The value of c_i,T for PBK was determined according to the 4.2.3 article of BVB index management rules.

According to Art.1 alin. (1) pct. 62 lit. b) pt.2 of the Preliminary Title, Book I of the BVB Rulebook, the reference price of PBK shares for the trading session of April 10, 2018 is 0.1390 lei/share.

According to Art. 43¹ (1), Title III, Book I of the BVB Rulebook, the maximum price variation to reference price, as per Art.1 alin. (1) pct. 62 lit. b) pt.2 of the Preliminary Title, will be applied for PBK shares in the trading session of April 10, 2018.

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices (symbols’ weights in indices) will become effective as of March 19, 2018.

The new BVB index structures, respectively the free float factors (Ffi), the representation factors (Ri) and the price correction factors (Ci) were determined based on the number of shares and the closing prices on March 9, 2018.

The new BVB index structures are detailed in the appendix to this announcement.  

Bucharest Stock Exchange (BVB) informs that on March 5, 2018, the quarterly meeting of the BVB Index Committee ("CI") took place.

BVB Index Committee decided the following:

1.1       To maintain the composition of BET, BET-TR, BET-FI and BET-NG indices.

1.2       To include Sphera Franchise Group (SFG) on the Watchlist of BET and BET-TR indices.

1.3       To change the composition of BET-XT, BET-XT-TR, BET-BK and BET Plus indices, as follows:

a. BET-XT and BET-XT-TR indices

- inclusion: SPHERA FRANCHISE GROUP S.A. (SFG); OIL TERMINAL S.A. (OIL)

- exclusion: ELECTROARGES S.A. (ELGS); IMPACT DEVELOPER & CONTRACTOR S.A. (IMP);

b. BET-BK index

- inclusion: SPHERA FRANCHISE GROUP S.A. (SFG), AEROSTAR S.A. (ARS);

- exclusion: IAR SA Brasov (IARV), IMPACT DEVELOPER & CONTRACTOR S.A. (IMP);

c. BET Plus index

 - inclusion: SPHERA FRANCHISE GROUP S.A. (SFG),  TRANSILVANIA BROKER DE ASIGURARE (TBK), PURCARI WINERIES PUBLIC COMPANY LIMITED (WINE).

- exclusion: ALTUR S.A. (ALT); TURISM, HOTELURI, RESTAURANTE MAREA NEAGRA S.A. (EFO).

The weights of the indices’ components, i.e. the free-float factors (FF), the representation factors (FR) and the price correction factors (FCi), will be determined based on the number of shares and closing prices registered at the end of the trading session of March 9, 2018.

The new structures of BVB indices will be announced at the end of March 9, 2018, and will become effective as of March 19, 2018.

Bucharest Stock Exchange (BVB) informs that on Wednesday, January 31, 2018, four new certificates of SSIF BRK Financial Group SA (BRK) will start trading.

The characteristics of these products are presented in the table below: