Fondul Proprietatea fund sells 23.6 pct of Conpet for nearly 100 M lei

Fondul Proprietatea (FP) fund sold 23.6 percent of oil product transport company Conpet based in Ploiesti on the Bucharest Stock Exchange via a private placement, with the transaction standing at more than 99.79 million lei. (1 euro=4.4 lei)

"Following the completion of the private placement procedure on the Bucharest Stock Exchange (BVB) of the ordinary shares held by the Fund in Conpet, an operation announced yesterday, the final number of the offered shares is of 2,047,095 ordinary shares issued by Conpet, with the price per share standing at 48.75 lei", the FP said in a report to the BVB on Thursday.

...