Banca de Economii (BEM), which is in the process of liquidation, again put up for sale a single block of 61,200 Moldasig shares (10.2%) at the previous price of 358.1 lei per share, their total value is 21.91 million lei.
As noted in the BEM message, in particular, the specified Moldasig securities were put up in a single package for an auction under the hammer, which will be held on the Stock Exchange of Moldova from September 6 to September 19. Moldasig shares are sold in accordance with the Regulations on the organization and conduct of transactions with unified packages of securities on the regulated market of the Stock Exchange of Moldova. It should be noted that previously Banca de Economii offered for sale a single block of 61,200 Moldasig shares (10.2%) at prices of 399.19 lei, 359.27 lei, 323.34 lei, 291.01 lei, 261.91 lei, 235 .72 lei, 212.15 lei, 190.94 lei, 171.85 lei, 154.67 lei, 139.2 lei, 125.28 lei, 112.75 lei, 101.48 lei, 296.75 lei, and at 358.1 lei per piece, and their total value then was 24.43 million, 21.98 million, 19.78 million, 17.81 million, 16.03 million, 14.43 million, 12.98 million, 11 .68 million, 10.52 million, 9.46 million, 8.52 million, 7.66 million, 6.9 million, 6.21 million, 18.16 million and 21.91 million lei, respectively. The shares were offered for sale in a single package at auction on the Stock Exchange of Moldova during the period from January 9 to January 22, 2019, March 1-7, 2019, April 10-14, 2019, May 20-24, 2019, June 24-28, 2019, July 29-31, 2019, August 26-29, 2019, September 23-26, 2019, October 24-29, 2019, November 25-28, 2019, December 24-27, 2019, January 27-30, 2020, February 24-27, 2020, March 23-26, 2020, October 1-14, 2020, January 4-15, 2021, April 29 -May 14, 2021, July 29-August 11, 2021, October 21-November 3, 2021, January 12-25, April 6-15, 2022, June 29-July 12, 2022, September 30- October 13, 2022, December 28, 2022 -January 10, 2023, November 23-December 6, 2023, February 14-27, 2024, May 23-June 5, 2024 But there were no buyers for them then. The authorized capital of Moldasig insurance company is 60 million lei and is divided into 600 thousand ordinary registered shares worth 100 lei. Currently, 480 thousand shares issued are treasury shares, which is 80% of the total number of shares. 10.2% of Moldasig shares belong to Banca de Economii, which is in the process of liquidation, and another 5% of Moldasig shares are owned by the State Enterprise "Railways of Moldova" (CFM). It should be noted that in July 2019, the National Financial Market Commission (CNPF) introduced a temporary special management in Moldasig. 80% of its shares were seized in the context of an investigation into the “theft of the billion”, and then it was decided to sell shares from the additional issue, issued in place of those seized, which were not sold by their owners. Since the competitions for the sale of these shares were not successful, 80% of the newly issued shares were transferred under the direct management of CNPF to fulfill all the rights and obligations of the shareholder. But, based on the requirements of the current legislation, their real beneficiary was then named as company’s administrator - the CEO of the company, Victor Coada. // 26.06.2024 - InfoMarket.
