EnglishCNVM has approved the request filed by UPETROM 1 Mai - Ploiesti to delist the company from RASDAQ as of February 6th, 2007. The shareholders are offering an exit price of 2.838 RON/share. Upon this measure, all securities in CNVM"s records will be stricken off.
UPETROM 1 Mai is a power tool manufacturer controlled by Aquafor International SRL - Tg. Ocna with 74.75%. The company"s shares were listed on RASDAQ Tier 2 as UPEX. The company has a share capital of 43.95 million RON (13 million EUR) divided into 17,580,491 shares with a face value of 2.5 RON
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