The public offering will be carried out between 28 January and 2 February for the purchase of 19.6m shares at a purchase price of RON 2.5 per share.

SIF Oltenia published a statement saying that they have received the approval from the Financial Supervisory Authority for the public offer to purchase shares issued by SIF Oltenia. The public offering will be carried out between January 28 and February 2 for the purchase of 19.6m shares (representing 4% of the share capital) at a purchase price of RON 2.5 per share. This would translate into a purchase worth RON 49m (EUR 10.4m).

The proposed price of the offering is 20% higher than the price of RON 2.09 per share as of 16 January.