On October 19th, 2020 Safetech Innovations started private placement with a goal to raise 2.5 million lei from the Bucharest Stock Exchange investors. The offer was oversubscribed within 37 seconds and by the end of the day, the placement managed to attract a record oversubscription of 8.57 times. Safetech Innovations shares started trading on the AeRO market of the Bucharest Stock Exchange on January 29th, 2021. The company’s shares are available under ticker SAFE.
Following two share capital increase operations in 2021 and 2022, the company's share capital split increased from 3,125,000 shares to 66,500,000 shares, each with a nominal value of 0.2 lei per share. The free-float of Safetech Innovations is 26.4973%, while Victor Gânsac, CEO, holds a 36.7626% stake in the company and Paul Rusu, CFO, holds a 36.7402% stake in the company.
For more detailed information regarding Safetech Innovations’ shareholding structure following the listing, we invite you to follow our profile on the website of the Bucharest Stock Exchange, available HERE.