The market operation initiated by JT Grup Oil collected subscriptions worth 23 million lei until the last day when it was possible to subscribe for an allocation at the price of 5.46 lei/share. JT Grup Oil (JTG) did not have the power of a forcing to reach oversubscription levels in the last of the 5 working days of the market operation in which investors can acquire the shares at the price of 5.46 lei/share, writes Profit.ro.

In the system of the Bucharest Stock Exchange, almost 2,100 orders were accumulated for the purchase of a number of 3.55 million securities – equivalent to 35.50% of the 10.00 million shares put up for sale – the aggregate value of these expressed options at the price of 6.50 lei/share, amounting to 23.07 million lei (4.64 million euros). Currently, only the price of 6.50 lei/share is valid until the scheduled closing of the offer, which will take place on June 10.