Sipex shares will start trading on the AeRO market of the Bucharest Stock Exchange on June 3rd

5/31/2022

Bucharest Stock Exchange (BVB) informs that on Friday, June 3rd, will start trading the Sipex Company shares on the AeRo market, the equity segment of the Multilateral Trading System of the Stock Exchange. The company’s shares will be available under the stock ticker SPX. Sipex was founded in 1997 and is active in the construction distribution of materials and finishes. The company has almost 300 employees and benefits from representation and distribution at the national level through the network of 12 logistics centers from different country regions, functioning as work and sales points.

Sipex carried out a private placement of shares on 24.02.2022, in which 53 investors participated, out of which 37 retail investors and 16 legal entities. The company issued 16,595,656 ordinary shares in the capital increase operation, with a nominal value of 0.10 lei/share, at a subscription price of 0.64 lei/share. The company attracted RON 10.6 mn from the capital market investors. The anticipated market capitalization of the company is RON 170,6 mn. The private placement and the listing were made with the BRK Financial Group’s support.

The Sipex team will ring the bell of the Bucharest Stock Exchange on the 3rd of June to mark the entry into trading of the company's shares. The event will be broadcast LIVE, from 10 AM, on BVB's social media channels Facebook, YouTube, and LinkedIn.

More information on the Sipex share is available here.