EnglishVel Pitar shareholders who do not agree with the company"s split-off may exit the company and receive 1.88 RON/share, according to a Vel Pitar report to the Bucharest Stock Exchange. "The shareholders who do not agree with the split-off may exit the company by filling in a form until the seventeenth business day from January 25th, 2007, when the split-off announcement was published in Monitorul Oficial," reads the Vel Pitar report quoted by NewsIn. Such shareholders will be able to sell their shares at 1.88 RON/share. Vel Pitar Group reported a net profit of 2.91 million RON (829,262 EUR) and a turnover of 185.01 million RON (some 52 million EUR) for the first nine months of 2006. Vel Pitar is controlled by Broadhurst Investments with 80.43% of the share capital. Shares are listed on the Bucharest Stock Exchange Tier 2. The company has a share capital of 7.04 million RON.
Vel Pitar Shareholders Refusing Split-Off May Get 1.88 RON/Share
F.A.
Ziarul BURSA #English Section / 30 ianuarie 2007
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
