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Text published: 25.07.2018 15:54
Fintel Energija has launched on the Belgrade Stock Exchange the implementation of the first public offer of initial purchase (IPO). This is the first such financial transaction on the Belgrade Stock Exchange after 78 years and the company will offer 6,500,000 common shares at RSD 500 per share.
Fintel Energy's Executive Director, Tiziano Giovannetti, pointed out that the acquisition of shares of this company could involve professional investors, families and private investors. "We offer stock and the ability to invest in our business."
A single stock will cost 500 dinars and our model must include as many people as possible – we will not sell the share, but we will raise capital from potential investors, in order to invest more in Serbia.We anticipate that the value of the raised capital will reach 27 million euros, that we will invest in our projects in Serbia, "said Giovannetti, adding that Fintel Energija had already invested 150 million euros in wind farms in Serbia
"Our exit on the stock market is the first in Serbia and everyone is new.The transparency of financial operations, the protection of small shareholders, the transition from an owner to a large owner and the management of the shareholders testify to the change in the culture of access to companies and the design of different modes of management, a concluded Giovannetti. in Serbia
During this period, it built and commissioned the first two wind farms in Serbia and began construction of the third and largest wind turbines, Fintel Energija ad is wholly owned by the Italian company Fintel Energia Group SpA. Fintel Energija announcement is from 01.08.2018 to 29.10.2018, and the registration of shares is carried out in the investment company M & V Investments ad, Belgrade, Bulevar Mihaila Pupina 115th.
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