Holde Agri Invest becomes the first AeRO listed company to benefit from the Issuer Market Maker services
Holde Agri Invest (HAI), a Romanian agribusiness company founded in 2018 and listed in October 2020 on the AeRO market, becomes the first issuer on the Multilateral Trading System to benefit from the Issuer’s Market Maker (MME) services.
The activity of IMM is provided by BRK Financial Group (BRK) starting with January 11. HAI shares are included in the BET AeRO index, and the company has a capitalization of almost 127 million RON, +110 percent compared to the level registered in the first day of trading.
“Although we are a relatively new company, established in 2018, Holde Agri Invest is a company that always focuses on performance being one of the first companies in the agricultural field listed on Bucharest Stock Exchange and which, after a year of listing, was included in the BET AeRO index, having the second weight in this index. The collaboration with BRK Financial Group is a new step in line with our goal of creating shareholder value by improving liquidity and minimizing volatility. We want to continue to use all the opportunities that the capital market offers us, and the implementation of the Market Making program is one of them. In addition, Holde Agri Invest is the first company on the AeRO market to start using this tool,” said Adrian Pirciu, Chief Financial Officer, Holde Agri Invest.
Holde Agri Invest is a company established in 2018 by Romanian entrepreneurs that operates approximately 12,000 hectares of land, organized into three core farms – Rosiori farm located in Rosiori de Vede (Teleorman county), Frumusani (Calarasi county) and Videle (Teleorman county). The company announced a consolidated turnover of 46.8 million RON in the first nine months of 2021, 78 percent higher compared to the same period last year, and a net profit of 2.6 million RON, an increase of 77 percent compared to the first nine months of 2020.