Food manufacturer Civita Group from Monostorpály has been added to the BÉT’s product list

By: Trademagazin Date: 2023. 05. 22. 12:32

On May 23, Civita Group’s shares will be added to the product list of the Budapest Stock Exchange (BSE), the health-conscious and “free from” food company announced on Monday on the BSE’s website.

The BÉT registers the 11,442,190 ordinary shares of the Monostorpály-based company with a nominal value of HUF 100 each. Of these, 9,923,660 shares (86.73 percent) are owned by Vaposit Trust Befektetési Zrt., and 1,518,590 (13.27 percent) are owned by PBG FMC Venture Capital Fund.

The company announced in its approved prospectus published on the BÉT website that with the capital increase it also plans to publicly sell up to 3 million dematerialized registered ordinary shares with a nominal value of HUF 100 in a price range of HUF 650-850, worth HUF 2.4 billion, and the shares to be issued in this way will also be introduced to the stock market.

The company requested the inclusion of its shares in the Standard category of the stock section of the BÉT. The issuer may apply for the start of stock exchange trading within a period of 90 days from the date of listing in a separate procedure if the conditions specified in the listing rules are met.

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