Good news for Hidroelectrica SA, the Bucharest Stock Exchange posted on its Linkedin page
Good news for Hidroelectrica SA, the leader in electricity production in Romania that successfully debuted today on the Bucharest Stock Exchange, following the largest IPO ever made on the local stock exchange.
According to this evening’s announcements by global index providers, FTSE Russell and MSCI, the company’s shares will be included, starting this month, in FTSE Russell’s FTSE Global All Cap indices and in MSCI’s MSCI Frontier and MSCI Romania indices. Both inclusions are made based on fast IPO inclusion mechanisms, Fast Entry in the case of FTSE Russell and Early Inclusion in the case of MSCI. Hidrolectrica will thus be the 7th company included in the FTSE Global All Cap indices, raising to 14 the number of Romanian companies present in the FTSE Russell indices and the 12th Romanian company present in the MSCI Frontier IMI (Investable Market Indexes).
➡️Announcements can be found here:
https://lnkd.in/dYaU3ZMs
https://lnkd.in/dcp8GNh
Hidroelectrica shares started trading on Wednesday, July 12, on the BVB Main Market, following the largest IPO ever held on the capital market in Romania, of 1.87 billion euros. This offer is the largest in Europe and the third largest globally so far this year. At the end of the first trading session, the company had a capitalization of 49.5 billion lei.
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