- RON 8.716.600 were drawn
- 43.583 fund shares were sold
Bucharest, December 9, 2009 – OTP Asset Management Romania announces the successful close of the OTP Green Energy public offer, after 650 investors, most of them Romanians, have bought 43.583 fund shares, worth more than RON 8,716,600.
The offer was subscribed by legal entities in a percentage of 55.52, thus contributing to the successful lunch of OTP Green Energy fund with guaranteed capital. In the retail segment, OTP Bank Romania, as a distributor of the fund shares, attracted most of the sales.
„At the launch of OTP Green Energy fund, a month ago, we counted on its innovative character, as well as on the access it provides to one of the most dynamic and actual fields at European level, renewable energy. Now, at the closing moment, the large number of subscriptions shows that we have taken a good decision again, as the investors have understood the growing potential of the companies from the renewable energy field”, Catalin Iancu, President, OTP Asset Management Romania.
OTP Green Energy, an absolute premiere on the local market, is the first closed investment fund with guaranteed capital in Romania, specially designed for the renewable energy segment. The subscription period started on November 4 and ended on December 2.
As recognition of its contribution to the development of the local capital market, OTP Asset Management Romania was recently awarded three important prizes, during the VIII edition of the Annual Gala of the Capital Market Awards, which took place at Intercontinental Hotel, on November 26.
OTP Asset Management Romania received the highest distinction, „The Excellency award for the contribution to the development of the capital market”, with the maximum number of votes, both from the brokers and from the public.
Furthermore, OTP WiseRO, which was listed on the Bucharest Stock Exchange this autumn, won the third place in the category of the most appreciated promotions at BVB.
OTP Asset Management Romania, member of OTP Group, recorded a dynamic growth in the development of products and management of assets in the last year. At the present, OTP Asset Management Romania manages three open investment funds and two closed funds with guaranteed capital. The company manages assets of more than RON 107 million, thus it is on the fifth place among the asset management companies on the local market. For further details, visit www.otpfonduri.ro.
OTP Bank Romania is a subsidiary of OTP Bank, the largest independent bank in Central and Eastern Europe. OTP Bank provides universal financial services in Hungary, Romania, Montenegro, Croatia, Bulgaria, Russia, Ukraine, Slovakia, and Serbia. OTP Group serves its almost 12 million customers in 9 countries, through more than 1,500 territorial branches, its ATMs network and via electronic channels.
For further information:
OTP Bank Romania: Stefan Urziceanu, PR Coordinator +4031 308 55 23, firstname.lastname@example.org