The Romanian courier company Sameday Courier is withdrawing from the stock exchange
After two years of stock market activity, Sameday Courier courier service, its majority shareholders, Octavian Bădescu and Lucian Baltaru, bought the company’s 35,472 shares, which were listed on the AeRO market of the Bucharest Stock Exchange, ending the company’s public purchase process.
By purchasing 35,472 shares at a price of 10 lei, they exceeded the minimum threshold required for 95% of the company’s total shares, according to the BVB (Bucharest Stock Exchange) announcement.
Octavian Bădescu, the founder of Sameday Courier, currently owns 68% of the company’s shares. Sameday Courier is the first Romanian business company whose shares are listed on the AeRO market of the Bucharest Stock Exchange and is also the first Romanian courier company present in Romania. on the stock exchange. According to the information contained in the offer prospectus, Octavian Bădescu and Lucian Baltaru intend to become the company’s sole shareholders again, once the squeeze-out procedure is completed.
“After two years of presence on the stock exchange, we can say that our objectives have been met: determining the objective “market” price of the company, increasing its visibility and credibility, motivating the founders, management and employees. I believe that the small shareholders too – the partners who in this 2 years they were waiting for shares – they achieved their goals, thus they voted for us and for which we are grateful. They benefited from the dividends every year with a significant return and now they could take advantage of the opportunity to sell, increasing their income. “- said Octavian Bădescu, the company’s founder,
The company’s capitalization reached 10 million lei, and the shareholders received 10 lei for each share they owned, under such conditions that at the time of listing, in February 2015, the company was listed at a price of 7.5 lei/share on the stock exchange’s secondary market.
“We believe that the full presence of Sameday Courier on the Bucharest Stock Exchange (BSE) is an absolute success for all parties involved: the majority shareholders, the company itself, the minority shareholders, as well as the capital market and other stakeholders (ASF, BSE, consultants, brokers) ) also for It has been proven that the development of the stock market had a positive role,” said Octavian Bădescu.