* The officials of the SIF are meeting stock market experts
The management of SIF "Moldova" is set to meet today with several stock market specialists in order to discuss scenarios on possible ways of selling their 6% stake in Banca Comercială Română (BCR), Costel Ceocea, the chairman of the company said for BURSA.
Market sources who did not wish to be named claim that SIF2 periodically holds such consultations on the topic of the sale of their stake in BCR.
SIF "Moldova" has been increasingly insistent in asking for the listing of BCR, and has obviously been unhappy with the statements of the banks" officials made two years ago, who said that no schedule for the listing of BCR on the Stock Exchange has been set yet.
The officials of SIF2 have said that they are also interested in other ways of profiting from their stake in BCR, even though the listing of the bank remains a priority.
"Tomorrow"s meeting (ed. note: today) will be attended by foreign and Romanian specialists", the president of SIF2 said, without nominating the attendees. He added: "The meeting will take place at our headquarters. We are interested in discussing the potential alternatives for exploiting our stake in BCR ... We ran several scenarios, including issuing warrants or listing bonds based on the BCR shares we own, as well as attempting to find the best method for listing the bank and what it would involve. We are consulting specialists on the technical steps that we should follow in order to exploit our stake in BCR, as well as on the legal stages, because we have undertaken more obligations. We are interested in the clarification of these aspects".
About two months ago, SIF "Moldova" summoned its shareholders, in order to consult them on the matter of the total or partial sale of our stake in BCR, which may exceed 20% of the total non-current asset
