Romanian Prebet Aiud Shrs To Trade On Bucharest Bourse’s 2nd Tier

According to the latest data, the Employees’ Association owns a 50.44% stake in Prebet, investment fund SIF Banat-Crisana owns a 9.71% stake, while Dutch investment fund MEI – Roemenie & Bulgarije Fonds owns 5.47%.

The company’s shareholders also rejected the proposal to cut the share capital by 2 million lei (EUR1=RON4.2348), from RON8.19 million to RON6.19 million. The share capital decrease was proposed because the shares subscribed by the Employees’ Association to the share capital increase were not paid.

Last October, the company hiked its share capital by RON5.25 million, at RON8.19 million, but the operation was not registered in the Trade Registry and the Central Depository yet.

In 2008, the company reported a turnover of RON31.1 million, up 20% on the year, and a RON2.4 million profit, 7% lower from RON2.6 million in 2007.

Prebet currently has a share capital of RON2.9 million, divided into 16.3 million shares with a face value of RON0.18 each.