Agroserv Mariuta shares debut on Bucharest Stock Exchange AeRO-MTS market on Friday May 21

5/19/2021

Bucharest Stock Exchange (BVB) informs that on Friday, May 21st, the shares of Agroserv Mariuta, a Romanian dairy producer, will start trading on the AeRO market, the equity segment of the Multilateral Trading System (MTS), under the ticker MILK. The company is known on the market for its brand Laptaria cu Caimac.

Agroserv Mariuta was established in 1994 and until 2018 had exclusively agricultural activities, large crops (wheat, barley, rapeseed, corn, alfalfa and others, on an area of 3,000 ha) and dairy farm (with over 2,500 animals). In 2018, the company started a dairy factory, which involved an investment of over EUR 5mn, and launched the Laptaria cu Caimac brand, under which it produces and sells milk packaged in glass, matured cheeses, sour cream, yogurt etc.

In April 2021, the company carried out a private placement through which it sold 431,020 shares at a price of RON 45 per share. The estimated market capitalization value resulting is RON 77,895,900, as a result of multiplying the total number of available shares and the price in the private placement. BT Capital Partners (BTCP), the investment banking and capital markets division of Banca Transilvania Financial Group, is the Authorized Advisor who assisted Agroserv Mariuta in the private placement and listing on the AeRO market.

Agroserv Mariuta made the first step on the capital market in November 2020, when it carried out a private placement through which it sold EUR denominated bonds , worth EUR 3mn, traded since December 2020, on BVB MTS, under the symbol MILK25E.

More information about the company is available on the BVB website at this LINK.