Simtel Team shares will start trading on AeRO market on Thursday July 1st


Bucharest Stock Exchange (BVB) informs that on Thursday, July 1st, the shares of Simtel Team, Romanian engineering and technology company, will start trading on the AeRO market, the equity segment of the Multilateral Trading System (MTS). The company’s shares will be traded under the ticker SMTL.

Simtel Team listing comes after a private placement held in May 2021. During the private placement, Simtel Team raised RON 13.7mn from investors. A total of 1,055,000 shares, respectively 15% of the company's shares, were sold to investors at a price of RON 13/share. 154 individual and professional investors participated in the placement. The private placement and listing were made with the support of BT Capital Partners. After listing, the company will receive support from Cornerstone Communications as Authorized Advisor.

Simtel Team will ring BVB’s bell for the company’s listing on Thursday, July 1st, at 10 AM. The Opening Bell ceremony will be broadcasted LIVE on BVB’s social media channels Facebook and YouTube.

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