We are very proud to announce that InterCapital has been awarded as the Member of the Year at the Zagreb Stock Exchange for the 10th consecutive year.
This award is a result of our leading equity market share of 24.5%, continuous research activities, as well as the contribution of our market making mandates.
InterCapital is a market maker for many blue chips listed on ZSE. This currently means we provide these services for 9 Croatian issuers: AD Plastik, Adris grupa (both regular and preferred stocks), Arena Hospitality Group, Atlantic Grupa, Hrvatski Telekom, Končar, Podravka, Valamar, and Span. With the market making service, InterCapital aims towards improving the liquidity as well as lowering the spread, all with the goal of improving the trading efficiency for retail and institutional investors alike. It is also worth noting that 2021 was an exceptional year for the first ETFs listen on the ZSE, 7SLO (+40% YTD), and 7CRO (+16% YTD).
Additionally, this achievement comes on the back of our ongoing investment into a fully independent research team and a securities promotion platform, all intending to provide our clients with an in-depth, comprehensive, and forward-looking analysis of the highest quality investment ideas in the region. At the moment, our research team has one of the broadest coverages in all of Croatia, currently covering 11 Croatian issuers: AD Plastik, Adris grupa, Arena Hospitality Group, Atlantic Grupa, Croatia Osiguranje, Ericsson NT, Hrvatski Telekom, Maistra, Končar, Podravka, and Valamar.
We would like to thank the Zagreb Stock Exchange for the great honor of being the Member of the Year for every consecutive year since the inception of the Award in 2012. We firmly believe that this award strongly supports the validity of our strategy, i.e., to constantly promote the Croatian capital market, through the dedication of all our employees.
Lastly, this recognition could not have been achieved without our clients and partners, whom we would like to take the opportunity to thank for all the continuous support and trust. We are very proud to be the leading broker in both Croatia and Slovenia, and we are very much looking forward to the growth opportunities that lie ahead of us, in all the years to come.
Fondul Proprietatea announces a special dividend in the amount of RON 0.06 and its 13th buyback program, size up to 800,000,000 shares, at a price up to RON 2.5 per share.
During its Extraordinary General Shareholders Meeting, held on 15th December 2021, Fondul announced the approval of its share buyback program, its size up to 800,000,000 shares, with a price that cannot be lower than RON 0.2/share and higher than RON 2.5/share.
Additionally, the Company also announced a special dividend in the amount of RON 0.06 per share, with the ex-date of 27th January 2022. The current share price of RON 1.846, brings the dividend yield to 3.25%. This also marks the 3rd dividend the Company paid out in 2021 which brings it to a total of RON 0.202 per share.
Dividend per Share (RON) & Dividend Yield (%) (2018 – 2021)
Transelectrica announces the approval of investment financing of strategic interest „OHL 400 kV Constanta Nord- Medgidia Sud“.
Transelectrica has obtained financing approval in the amount of EUR 23m from the Modernization Fund, for the development of energy transmission infrastructure.
The project to build a new 400 kV overhead power line between Constanta Nord and Medgidia Sud, proposed by Transelectrica in September this year. This is the 1st Romanian project to be approved under this European funding mechanism. The payment of the funds was made on Monday, 13 December 2021, to the Ministry of Energy.
The construction of this new power line will allow the integration of additional electricity generation from renewable sources of about 685 MW in the Dobrogea area. It will also make it possible to reduce greenhouse gas emissions by approx. 16k tonnes/year.
The proposed investment is also included in the list of main projects for the development of the power transmission grid within the Integrated National Energy Climate Plan (INECP), which represents Romania’s commitment to the joint effort of meeting the European energy and climate goals set for 2030.
Here you can find the dates for the upcoming events of the regional companies.
| wdt_ID | Date | Ticker | Announcement | Country |
|---|---|---|---|---|
| 7 | 17.12.2021. | PETG | Petrol Business Plan for 2022 | Slovenia |
| 8 | 17.12.2021. | LKPG | Luka Koper Business Plan for 2022 | Slovenia |
Given the current Covid-19 situation, some of these events might be subject to change (postponed or cancelled).