Zentiva - ready to leave the stock exchange
Andrei Iacomi ((TRANSLATED BY COSMIN GHIDOVEANU)English Section / 3 februarie 2020
• Brokers: "The capital increase operated by the company was done so that the majority shareholder would exceed the holding cap of 95%, which would allow them to take the company private"
Zentiva SA (SCD), the former Sicomed, is about to leave the Bucharest Stock Exchange (BVB), given that the majority shareholder, Zentiva Group, has reached a stake of almost 95.95% of the share capital of the drug maker through a series of capital increases, above the 95% cap that allows delisting from the BSE.