The company Athenee Palace, which manages the Athenee Palace Hilton hotel in the center of the capital, is withdrawing from trading on the stock exchange. The withdrawal, signed last autumn by the shareholders, was authorized by the Financial Supervisory Authority (ASF). The company will be transformed into a closed-type company. Shareholders who wish to withdraw from the company will receive 1.15 RON/share. Athenee Palace has been listed on the stock exchange since 1997. Currently, it has a capitalization of 23.2 million RON.
Frequently Asked Questions
Why is Athenee Palace delisting?The company is transitioning to a closed-type structure following shareholder approval and ASF authorization.
What is the offer for exiting shareholders?Shareholders who choose to exit the company will receive a payment of 1.15 RON per share.
How long has the company been public?Athenee Palace has been listed on the stock exchange for over 25 years, since 1997.