Tender sells 10% of Prospectiuni to boost its liquidity

Businessman Ovidiu Tender has in the past year sold around 10% of stock in Prospectiuni Bucuresti (PRSN), the most important company he owns, with the main purpose of making its shares more attractive to investors by boosting liquidity. Prospectiuni stock is the most traded on RASDAQ market after that of Armax Gaz Medias (ARAX). In the past year, almost 24,000 transactions with Prospectiuni stock have been carried out, through which around a quarter of the firm’s capital has been transferred. During this period, Prospectiuni stock has brought investors a 283% return. “One of the targets set at Prospectiuni is to make its shares as attractive as possible, both for institutional and retail investors. To do it, the liquidity criterion is an important one, and I hope the stock will in the future become a little star of the Stock Exchange on the basis of some excellent financial results, as well,” stated Ovidiu Tender. Overall, Tender has collected almost 16m euros from the sale of over 20% in the company’s stock in the past three years.