Announcements

Bucharest Stock Exchange (BVB) informs that 2 corporate bonds issues of MW Green Power Export (MWGP21) and Capital Leasing IFN (CL22) will start trading on BVB’s Multilateral Trading System (MTS).

MW Green Power Export bonds (MWGP21)
The bonds of the photovoltaic electricity producer MW Green Power Export will start trading on Friday, November 8^th, under the ticker MWGP21.
The issue has a cumulative value of over RON 3mn and includes 30,380 bonds with a nominal value of RON 100 and will be guaranteed with the amounts that will be collected by the issuer as a result of the selling of the generated electricity. The securities have a 3yrs maturity and a fixed interest rate of 8% p.a., payable on a half year basis. The bonds were issued as part of a private placement brokered by Tradeville in November - December 2018 and were bought by 29 investors and 3 investors. The funds attracted through the bonds issue were used by the company for a partial reimbursement of a bond issue that will reach maturity in 2020.
The company's shareholding includes the Certinvest Green Closed-End Fund (56.85% of the shares), NG Return Expert (43.07%) and Stratus Invest Capital (0.08%).

Capital Leasing IFN bonds (CL22)
The bonds of the non-banking financial institution will float on Tuesday, November 12^th, under the ticker CL22.
The issue has a value of RON 3.7mn and consists of 37,450 bonds with a nominal value of RON 100, with a 3yrs maturity and a fixed interest rate of 8.9% p.a. payable on a half-year basis and they are guaranteed with the future debts that Capital Leasing IFN has to collect from the clients.
The financing was attracted by Capital Leasing IFN through a private placement brokered by Prime Transaction, in which 8 investors legal entities participated. The funds attracted will be used by the company in order to develop and implement a new financial product: internal, open factoring, with regress.
Capital Leasing IFN is part of the Capital Group, along with Capital Fleet Services, Capital Asig - Insurance Broker, Capital Auto and Capital Financial Technology, a group of companies with activities in the financial, insurance, technology, IT&C and car management sectors. The share capital of Leasing IFN includes Capital Asig-Insurance Broker (50% of shares), Iuliu Viorel Nica (40%), Cristina Gabriela Nica (9%) and Dumitru Nica (1%).

Bucharest Stock Exchange (BVB) informs that on Thursday, November 7^th, a new International Investment Bank (IIB22) bonds issue will start trading

The bonds have a 3yrs maturity and a fixed interest rate of 3.98% p.a. payable annually. The issue comprises 50,000 bonds, with a nominal value of RON 10,000, which means a total value of RON 500mn (EUR 105mn).

The funds gathered by IIB will be used to finance the existing loan portfolio and new loans granted to the Member States of the European Union and for debt refinancing.

IIB22 bonds were bought by 18 institutional investors (banks, asset managers, pension funds, insurers and mutual funds). Offshore investors represented about 12% of the issue size. Following this transaction, the Romanian capital market is currently the largest market for IIB’s debt origination (44% of the total long-term funding) and RON debt has the largest share (27%) in the breakdown by currencies.

The issue of the bonds was carried out by BT Capital Partners, the investment banking and capital markets division of Banca Transilvania (TLV) Financial Group, together with ING Bank - Bucharest Branch.

IIB is a multilateral development institution founded in 1970, based on the Intergovernmental Agreement establishing IIB and its Charter. The nine members / shareholders of the Bank are Bulgaria, Cuba, the Czech Republic, Hungary, Mongolia, Romania, Russia, Slovakia and Vietnam.

Bucharest Stock Exchange (BVB) announces that, starting with 23^rd of October 2019, the price correction factor c_i,T for SOCIETATEA ENERGETICA ELECTRICA S.A. (EL), related to the share capital increase, which will be considered in calculating BET, BET-TR, BET-NG, BET-BK, BET-XT, BET-XT-TR and BET Plus indices is 1.000173.

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

“4.2.3. The right to subscribe to new shares at a lower price than the market price

If an index constituent offers to its shareholders the right to subscribe new shares at a lower price than the market price, the price correction factor c_i,T is determined as follows:

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 EL shares for the trading session of October 23^rd, 2019 is 11.10 RON/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) pct.2 of the Preliminary Title, will be applied for EL shares in the trading session of October 23^rd, 2019.

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

Bucharest Stock Exchange (BVB) announces that, starting with 22^nd of October 2019, the price correction factor c_i,T for TERAPLAST S.A. (TRP), related to the bonus share issue, which will be considered in calculating BET-BK, BET-XT, BET-XT-TR and BET Plus indices is 1.250000.

The value of c_i,T for TRP 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:

where

 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 TRP shares for the trading session of October 22^nd, 2019 is 0.266 RON/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) pct.2 of the Preliminary Title, will be applied for TRP shares in the trading session of October 22^nd, 2019.

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 Thursday, October 17^th.

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

Bucharest Stock Exchange (BVB) informs that 17 certificates of Erste Group Bank AG (EBS) will start trading on Tuesday, October 8^th.

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

Bucharest Stock Exchange (BVB) announces that, starting with the 3^rd of October 2019, the share price correction factor c_i,T for 2018 dividends of Sphera Franchise Group S.A. (SFG) to be considered in calculating BET-TR and BET-XT-TR indices is 1.017405.

The value of c_i,T for SFG shares 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    : 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.

PRICE CORRECTION FACTOR FOR SIF3 SHARES IN BET-XT-TR INDEX STARTING WITH OCTOBER 2^ND

Bucharest Stock Exchange (BVB) announces that, starting with the 2^nd of October 2019, the share price correction factor c_i,T for 2018 dividends of S.I.F. TRANSILVANIA S.A. (SIF3) to be considered in calculating BET-XT-TR index is 1.042028.

The value of c_i,T for SIF3 shares 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    : 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) informs that, on Wednesday, October 2nd, eLearning software developer Ascendia (ASC) corporative bonds issue, under the ticker ASC22, will start trading on BVB’s Alternative Trading System.

The issue comprises 30,000 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 3 years, and a total value of RON 3mn. The yearly interest rate is fixed at 10%p.a., payable half-yearly. The bonds were bougth by 35 investors, out of which 1 institutional investor and 34 individuals.

The capital will be used to accelerate the commercial activity, especially by increasing the sales and marketing capacity of 3 important business lines:

• Corporate eLearning - Enterprise Learning Management System - Coffee LMS - for big and medium companies plus the development of bespoke eLearning courses;
• Livresq.com - the digital platform that will allow all content creators in the educational field, from publishers to teachers to create interactive digital content in an easy way. The platform will be launched in its commercial version in the second half of 2019;
• Timlogo.ro - the biggest speech therapy platform from Romania, launched in the second half of 2018.

The private placement through which Ascendia attracted the financing and the admission to trading of the bonds was assisted by Tradeville as Authorized Advisor.

The company was founded in 2007 by Cosmin Malureanu, the activity being focused on software development, mainly educational software. The year 2016 was an important step in the evolution of Ascendia, the company was admited to trading on the Bucharest Stock Exchange Alternative Trading System, the AeRO market, having previously attracted financing of RON 1.2mn through a private placement.

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices will become effective as of September 23, 2019.

The new BVB index structures, respectively the free float factors (Ffi) and the representation factors (Ri) were determined based on the number of shares and the closing prices on September 13, 2019.

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

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

Bucharest Stock Exchange (BVB) informs that on September 9, 2019, the quarterly meeting of the BVB Index Committee ("CI") took place. BVB Index Committee decided the following:

1. To maintain unchanged the composition of the following indices: BET, BET-TR, BET-FI and BET-NG.
    
2. For BET-XT and BET-XT-TR indices:

1. To maintain unchanged the composition of the indices;
2. To include on the Watchlist the following companies: TURBOMECANICA S.A. (symbol TBM, ISIN ROTBMBACNOR9) and ANTIBIOTICE S.A. (symbol ATB, ISIN ROATBIACNOR9).
    

3. For BET-BK index:

1. To change the index composition, as follows:

• inclusion: COMPA S.A. (symbol CMP, ISIN ROCMPSACNOR9);
• exclusion: ANTIBIOTICE S.A. (symbol ATB, ISIN ROATBIACNOR9);

2. To include on the Watchlist the following company: TURBOMECANICA S.A. (symbol TBM, ISIN ROTBMBACNOR9).
    

4. To change the composition of BET Plus index, as follows:

• inclusion: AAGES S.A. (symbol AAG, ISIN ROAAGEACNOR7), PREBET SA (symbol PREB, ISIN ROPREBACNOR0);
• exclusion: ZENTIVA SA (symbol SCD, ISIN ROSCDBACNOR8), ALUMIL ROM INDUSTRY SA (symbol ALU, ISIN ROALUMACNOR8).
   

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 September 13, 2019.

The new structures of BVB indices will be announced at the end of September 13, 2019, and will become effective as of September 23, 2019. 

Bucharest Stock Exchange (BVB) informs that nine new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Thursday, September 5^th.

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

Bucharest Stock Exchange (BVB) informs that on Friday, August 30^th, 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) informs that the corporate bonds of NE PROPERTY B.V. will start trading on spot regulated market of BVB from August 1, 2019. The listing was intermediated by BRD-Groupe Societe Generale. The bonds were listed both on the Bucharest Stock Exchange, as well as on the Irish Stock Exchange (ISE), and are part of a Medium Term Notes programme worth EUR 1,5 billion.

The main characteristics of the second tranch worth EUR 500 million of the bonds issue are:

•           Type: nominative, dematerialised, guaranteed, freely transferable, registered into an account

•           Number of bonds: 5,000

•           Nominal value: EUR 100,000

•           Interest rate (%) : 2.625

•           Maturity date: May 22, 2023

The first tranch of the corporate bonds issue of NE PROPERTY on BVB took place in December 2017 and was also worth EUR 500 million.

Bucharest Stock Exchange (BVB) announces that, starting from 1^st of August 2019, 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 1.083243.

The value of c_i,T for TLV 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:

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 1^st, 2019 is 2.3850 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) pct.2 of the Preliminary Title, will be applied for TLV shares in the trading session of August 1^st, 2019.

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

Bucharest Stock Exchange (BVB) informs that six new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Monday, July 29^th.  

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

Bucharest Stock Exchange (BVB) main index BET reaches the peak of the last 10 years. BET reflects the evolution of the 16 most liquid companies listed on BVB, with the exception of the Financial Institution Companies (SIFs). At the end of the July 11^th trading session, BET index was at 9,024.03 points, after a 1.54% increase over the previous session.

This is the highest level recorded by BET over the past 10 years. A higher level than the one registered on Thursday was recorded on January 4, 2008, when BET reached 9,735.67 points.

Year to date, the BET index has grown by about 22%.

Bucharest Stock Exchange (BVB) announces that, starting with the 10^th of July 2019, the share price correction factor c_i,T for 2018 dividends of PURCARI WINERIES PUBLIC COMPANY LIMITED (WINE) to be considered in calculating BET-TR and BET-XT-TR indices is 1.041575.

The value of c_i,T for WINE shares 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    : 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 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 12, 2019, 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 12, 2019, as follows:

Shares of iHunt, symbol HUNT, the first online retailer and smartphone producer to go public on Bucharest Stock Exchange (BVB), will start trading on the Alternative Trading System of BVB from July 9^th,  following a technical listing.

The listing was intermediated by SSIF GOLDRING S.A., as Authorized Consultant.

iHunt technology Import Export Ploiesti, direct importer of mobile phones and accessories from China, was established in 2015, had two employees and a share capital of RON 200. By the end of 2018, the company had 25 employees, a share capital of RON 1.4 million and a turnover of over RON 24 million.

The strategic objective of the company is to become, over a 2-year timespan, the largest direct importer of Chinese mobile phones under its own brand, included in the portfolio of major local operators. The company manages the online store www.ihunt.ro.

Bucharest Stock Exchange (BVB) informs that three new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Monday, July 1^st.

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

Bucharest Stock Exchange (BVB) informs that, on Wednesday June 26th, the first covered bonds issued by Alpha Bank Romania start trading on the Main Market of BVB.

The value of the covered bond issue is worth EUR 200 million. The issue includes 2,000 bonds worth EUR 100,000 each, at a floating rate of EURIBOR 6M + 1.5% per annum.

The transaction was intermediated by the investment bank Barclays Bank PLC as Lead Manager and by Alpha Finance Romania as Co-Manager.

The covered bond issue floats on the Luxembourg Stock Exchange and, as of June 26^th, also on the Bucharest Stock Exchange.

Bucharest Stock Exchange (BVB) informs that on Wednesday, June 26^th, 13 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) announces that, starting with the 24^th of June 2019, the share price correction factor c_i,T for 2018 dividends of S.N.T.G.N. TRANSGAZ S.A. (TGN) to be considered in calculating BET-TR and BET-XT-TR indices is 1.062360 .

The value of c_i,T for TGN shares 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    : 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) informs that three new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Friday, June 21^st.

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

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices will become effective as of June 24, 2019.

The new BVB index structures, respectively the free float factors (Ffi) and the representation factors (Ri) were determined based on the number of shares and the closing prices on June 14, 2019.

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

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

Bucharest Stock Exchange (BVB) announces that, starting from 11^th of June 2019, the share price correction factor c_i,T for 2018 dividends of S.N. NUCLEARELECTRICA S.A. (SNN) to be considered in calculating BET-TR and BET-XT-TR indices is 1.117413.

The value of c_i,T for SNN shares 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    : 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 from the 10^th of June 2019, the share price correction factor c_i,T for 2018 dividends of CONPET S.A. (COTE) to be considered in calculating BET-TR and BET-XT-TR indices is 1.099132.

The value of c_i,T for COTE shares 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    : 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 from the 7^th of June 2019, the share price correction factor c_i,T for 2018 dividends of FONDUL PROPRIETATEA S.A. (FP) to be considered in calculating BET-TR and BET-XT-TR indices is 1.089433.

The value of c_i,T for FP shares 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    : 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 from the 6^th of June 2019:

- the share price correction factor c_i,T for 2018 dividends of SOCIETATEA ENERGETICA ELECTRICA S.A. (EL) to be considered in calculating BET-TR and BET-XT-TR indices is 1.069063.

- the share price correction factor c_i,T for 2018 dividends of BURSA DE VALORI BUCURESTI S.A. (BVB) to be considered in calculating BET-TR and BET-XT-TR indices is 1.051710.

The value of c_i,T for EL and BVB shares 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    : 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) informs that, at the quarterly meeting held on 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). the liquidity factors (FL) and the price correction factors (Ci), will be determined based on the number of shares and closing prices registered at the end of the trading session of June 14^th, 2019.

The new structures of BVB indices will be announced at the end of June 14^th, 2019 and will become effective as of June 24^th, 2019.

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

Bucharest Stock Exchange (BVB) announces that, starting from the 4^th of June 2019, the share price correction factor c_i,T for 2018 dividends of BANCA TRANSILVANIA S.A. (TLV) to be considered in calculating BET-TR and BET-XT-TR indices is 1.078886.

The value of c_i,T for TLV shares 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    : 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 from the 30^th of May 2019, the share price correction factor c_i,T for 2018 dividends of S.N.G.N ROMGAZ S.A. (SNG) to be considered in calculating BET-TR and BET-XT-TR indices is 1.135919.

The value of c_i,T for SNG shares 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    : 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) informs that two new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Tuesday, May 28^th.

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

Bucharest Stock Exchange (BVB) announces that, starting with the 27^th of May 2019, the share price correction factor c_i,T for 2018 dividends of SIF OLTENIA S.A. (SIF5) to be considered in calculating BET-XT-TR index is 1.077320.

The value of c_i,T for SIF5 shares 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    : 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 from the 22^nd of May, the share price correction factor c_i,T for 2018 dividends of OMV Petrom S.A. (SNP) to be considered in calculating BET-TR and BET-XT-TR indices is 1.076487.

The value of c_i,T for SNP shares 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    : 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 the price correction factor c_i,T for ZENTIVA S.A. (SCD), related to the share capital increase (ex-date May 15, 2019) considered in calculating BET Plus index is 1.695099.

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

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

Bucharest Stock Exchange (BVB) informs that on Monday, May 20, 2019, eight 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) announces that, starting with the 15^th of May 2019, the share price correction factor c_i,T for 2018 dividends of Digi Communications N.V. (DIGI) to be considered in calculating BET-TR and BET-XT-TR indexes is 1.021008.

The value of c_i,T for DIGI shares 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    : 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 the 14^th of May 2019, the share price correction factor c_i,T for 2018 dividends of ELECTROMAGNETICA SA (ELMA) that will be considered in calculating BET-XT-TR index is 1.030075.

The value of c_i,T for ELMA shares 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    : 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 from the 9^th of May 2019:

• the share price correction factor c_i,T for 2018 dividends of BRD GROUPE SOCIETE GENERALE S.A. (BRD) that will be considered in calculating BET-TR and BET-XT-TR indexes is 1.138280.
• the share price correction factor c_i,T for 2018 dividends of SIF MOLDOVA S.A. (SIF2) that will be considered in calculating the BET-XT-TR index is 1.026329.

The values of c_i,T for BRD and SIF2 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    : 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) informs that, on Wednesday April 17th, a new Bittnet Systems (BNET) bonds issue, under the ticker BNET23C, will start trading on BVB’s Alternative Trading System.

The issue comprises 100,000 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 4 years, and a total value of RON 10mn. The yearly interest rate is fixed at 9%p.a., payable half-yearly, through the Central Securities Depository.

The admission to trading was made by Tradeville si Goldring as Authorized Advisors.

The bonds were bought by 53 investors out of which 4 are Romanian legal entities and 49 Romanian individuals.

Bittnet is a Romanian IT entrepreneurial company, founded in 2007. The company offers IT courses, IT solution implementation services (network infrastructure, routing, switching, servers, datacenter, virtualization, security, telepresence or wireless), technical support services, while being focused on new technologies and innovation. In April 2015, Bittnet became the first IT Romanian company which was listed on BVB.

Bucharest Stock Exchange (BVB) informs that four new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Thursday, March 28^th.

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

Bucharest Stock Exchange (BVB) informs that on Monday, March 25^th, 15 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 three new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Monday, March 18^th.

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

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices will become effective as of March 18, 2019.

The new BVB index structures, respectively the free float factors (Ffi) and the representation factors (Ri) were determined based on the number of shares and the closing prices on March 8, 2019.

The new BVB indices structure are detailed in the appendix to this announcement.  

Bucharest Stock Exchange (BVB) informs that on March 7, 2019, the Board of Governors approved changes to the BET-TR and BET-XT-TR rules after the BVB’s Index Committee similar decision taken on March 4, 2019.

The updates create premises for an improved operational management of the total return indices regarding the applicability of the correction factors corresponding corporate events as cash dividends and other cash distributions. Thus, the correction factors applied to BET-TR and BET-XT-TR indices as result of cash dividends and other cash distributions shall be rebased at 1 at the periodical (quarterly) adjustments, in accordance with the updated article 4.2.d. of BET-TR and BET-XT-TR methodologies. The measure will apply starting with the next periodical adjustment of indices, whose date of entry into force is March 18, 2019.

For more information please contact indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that on March 4, 2019, the quarterly meeting of the BVB Index Committee ("CI") took place. BVB Index Committee decided the following:

1. To change the composition of BET, BET-TR, BET-XT, BET-XT-TR, BET-BK and BET Plus indices, as follows:
   1. BET and BET-TR indices
      • inclusion: ALRO S.A. (symbol ALR, ISIN: ROALROACNOR0);
   2. BET-XT and BET-XT-TR indices
      • inclusion: CEMACON S.A. (symbol CEON, ISIN ROCEONACNOR0); ELECTROMAGNETICA S.A. (symbol ELMA, ISIN ROELMAACNOR2);
      • exclusion: ALUMIL ROM INDUSTRY S.A. (symbol ALU, ISIN ROALUMACNOR8), TURBOMECANICA S.A. (symbol TBM, ISIN ROTBMBACNOR9);
   3. BET-BK index
      • inclusion: ANTIBIOTICE S.A. (symbol ATB, ISIN ROATBIACNOR9), ELECTROMAGNETICA S.A. (symbol ELMA, ISIN ROELMAACNOR2);
      • exclusion: BIOFARM S.A. (symbol BIO, ISIN ROBIOFACNOR9), COMPA S.A. (symbol CMP, ISIN ROCMPSACNOR9);
   4. BET Plus index
      • exclusion: AAGES S.A. (symbol AAG, ISIN ROAAGEACNOR7), ALTUR S.A. (symbol ALT, ISIN ROALTCACNOR1), TURISM FELIX S.A. (symbol TUFE, ISIN ROTUFEACNOR7).
        
         
2. To maintain unchanged the composition of BET-FI index.

3. To maintain unchanged the composition of BET-NG index.

4. To update the Watchlist of BET and BET-TR as a result of including ALRO S.A. (symbol ALR, ISIN: ROALROACNOR0) in BET and BET-TR indices.

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 8, 2019.

The new structures of BVB indices will be announced at the end of March 8, 2019, and will become effective as of March 18, 2019.

Bucharest Stock Exchange (BVB) informs that 11 new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Thursday, February 28^th.

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

Bucharest Stock Exchange (BVB) informs that, on Tuesday, February 26th, the first EUR denominated bonds issued by Idea::Bank, under the ticker IDB24E, will start trading on BVB’s Alternative Trading System.

The issue comprises 5,000 bonds, non-guaranteed, inconvertible, EUR denominated, with a nominal value of EUR 1,000, a maturity of 6 years, and a total value of EUR 5mn. The yearly interest rate is fixed at 8.5%p.a., payable half-yearly. The bonds will reach maturity on December 18th, 2024.

The admision to trading was made by BT Capital Partners as Authorized Advisor.

Idea::Bank (formerly Romanian International Bank) was taken over in 2014 by Getin Holding, one of the largest Polish financial groups. Idea Bank Group Romania consists of Idea::Bank (the bank) and its subsidiaries Idea Leasing, Idea Insurance Broker, Idea Investment and Idea Finance IFN. The products and services are intended for both individuals and SMEs, focusing on the development of new technologies (internet and digital banking) and having a selective territorial spread, operating with 34 branches and 8 leasing locations at national level.

Bucharest Stock Exchange (BVB) informs that, on Wednesday, February 20th, online retailer Elefant Online bonds issue, under the ticker ELEF21, will start trading on BVB’s Alternative Trading System.

The issue comprises 76,514 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 3 years, and a total value of RON 7.6mn. The yearly interest rate is fixed at 9%p.a., payable half-yearly.

The admision to trading was made by Tradeville as Authorized Advisor.

The company was founded in 2010 by Friborg Capital, followed by two other investment funds joining through capital increases - 3TS Capital Partners (in 2014) and Axxess Capital (2016).

Initially, elefant.ro focused on a single product category - the book, and in the coming years the company went through a major diversification of the offer. Currently, it is the second player in local online commerce by number of orders, being the market leader in the book segment and one of the big players in the cosmetics, perfume and toys markets.

Elefant has a national network of 20 delivery points, opened in the largest cities in the country, with which it creates a unique interaction experience with its customers beyond standard courier deliveries.

Bucharest Stock Exchange (BVB) informs that, on Monday February 18th, a new Bittnet Systems (BNET) bonds issue, under the ticker BNET23A, will start trading on BVB’s Alternative Trading System.

The issue comprises 97,037 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 5 years, and a total value of RON 9.7mn. The yearly interest rate is fixed at 9%p.a., payable half-yearly, through the Central Securities Depository.

The admision to trading was made by BCR as Authorized Advisor.

Bittnet is a Romanian IT entrepreneurial company, founded in 2007. The company offers IT courses, IT solution implementation services (network infrastructure, routing, switching, servers, datacenter, virtualization, security, telepresence or wireless), technical support services, while being focused on new technologies and innovation. In April 2015, Bittnet became the first IT Romanian company which was listed on BVB.

Bucharest Stock Exchange (BVB) informs that on Tuesday, February 12, 2019, 10 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 a new certificate of SSIF BRK Financial Group SA (BRK) will start trading on Tuesday, February 5th, 2019.

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

Bucharest Stock Exchange (BVB) informs that on Monday, February 4, 2019, 2 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 on Wednesday, January 30, 2019, 16 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 one new certificate of SSIF BRK Financial Group SA (BRK) will start trading on Wednesdays, January 30, 2019.

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

Bucharest Stock Exchange (BVB) informs that corporate bonds issued by Grup Sapte, with GS21 ticker, will start trading on January 18, 2019 on BVB’s Alternative Trading System. The issue consists of 20,000 guaranteed bonds, denominated in RON, with a face value of RON 100, a maturity of three years, with a total value of RON 2mn. The annual interest rate is fixed at 10% per annum, payable half-yearly. The operation was assisted by SSIF Ieba Trust as the Authorized Advisor.

Grup Sapte is the first bond issuer to list such financial instruments on the BVB's Alternative Trading System (ATS) in 2019.

Grup Sapte is the second largest brand activation agency in Romania. The company has 138 permanent staff, 308 merchandisers and 40 sales consultants and each month works with approximately 1,000 collaborators on a project basis.

Bucharest Stock Exchange (BVB) informs that six new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Friday, January 18, 2019.

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

Bucharest Stock Exchange (BVB) informs that on Monday, January 21st, nine certificates of Erste Group Bank AG (EBS) will stop trading following the issuer’s request.

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 January 16, 2019, 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 January 16, 2019, as follows: