
Banca de Economii (BEM), in the process of liquidation, has again offered for sale a single package of 61200 Moldasig shares (10.2%) at the previous price of 358.1 lei per unit, with their total value amounting to 21.91 million lei.
According to BEM, the mentioned Moldasig shares will be offered in a single package at a "hammer" auction, which will take place on the Stock Exchange of Moldova from May 23 to June 5. Moldasig shares are sold in accordance with the Regulation on organizing and conducting transactions with single packages of securities on the regulated market of the Stock Exchange of Moldova. It should be mentioned that earlier Banca de Economii offered for sale this block of Moldasig shares at the price 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 358.1 lei per unit, and their total value at that time amounted to 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 a "hammer" auction on the Stock Exchange of Moldova (BVM) between January 9 and 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-February 27, 2024. But no buyers were found then. As InfoMarket reported earlier, 80% of newly issued shares of Moldasig insurance company were also offered for sale on the BVM at the previous initial price of 358.1 lei per share. The company reported this, announcing the sale through the regulated market of the Stock Exchange of Moldova (BVM) of a single block of 480 thousand (80% of the authorized capital) of newly issued common registered shares of the first class at the previous initial price of 358,1 lei per share. Thus, the total amount of the transaction may exceed 171.8 million lei. The auction will be held from May 7 to May 22. In accordance with the provisions of the legislation in force, the newly issued shares of Moldasig insurance company can be purchased only by persons who have obtained the prior authorization of the National Bank. It should be noted that 80% of the newly issued shares of Moldasig insurance company were repeatedly offered for sale, but were not sold. The last auction for their sale took place from February 5 to February 16, 2024. The authorized capital of Moldasig insurance company amounts to 60 million lei and is divided into 600 thousand ordinary registered shares with the value of 100 lei. Currently, 480 thousand issued shares are treasury shares, which is 80% of the total number of shares. 10.2% of Moldasig shares are owned by 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 administration in Moldasig. 80% of its shares were seized in the context of the "billion theft" investigation, and subsequently it was decided to sell the shares from the additional issue issued in place of the seized ones, which were not sold by their owners. Since the tenders for the sale of these shares were not successful, 80% of the newly issued shares were transferred to the direct management of CNPF to fulfill all the rights and obligations of the shareholder. However, based on the requirements of the current legislation, their real beneficiary was then named the company's administrator - the company's CEO Victor Coada. // 20.03.2024 – InfoMarket