05. 06. 12. - 16:01
Erste Group increased ownership in BCR to 93.27 percent
Erste Group Bank AG (Erste Group) increased its ownership in Banca Comerciala Romana (BCR) from 93.04 percent to 93.27 percent or by 34.5 million shares following another share purchase offer made to the BCR minority shareholders other than the investment funds (SIFs), the group informed today (Tues).
The offer was valid between February 06 till and May 25, 2012 with the offered price per share held by minority shareholders of approximately 0.25 EUR.
In the next few weeks late coming acceptance letters from minority shareholders will be considered and accepted.
Total investment of Erste for this offer amounts to approximately EUR 8.4 million.
Erste Group will launch a new minority offer within the next 12 months based on the same calculation formula and considering the new financial figures available at that time.