Infinity Capital Investments, stock symbol INFINITY, announced Monday at the Bucharest Stock Exchange that it will organize an open competitive auction on February 14, 2024, for the sale of its 99.99% stake in Complex Hotelier Dâmbovița, namely 1.75 million shares, at a minimum starting price of 20 million RON.
The company informs that no bids were submitted for the auction round on February 7, 2024.
Hotel Dâmbovița is located one hour and 15 minutes from Otopeni International Airport, 60km from Sinaia, and two hours from Curtea de Argeș. The hotel offers single, double, and matrimonial rooms. The Hotel Dâmbovița restaurant has a capacity of 200 seats.
Infinity has a market capitalization of 910 million RON, with the company’s shares trading up 4.3% over the last 12 months, amid transactions totaling 48.5 million RON.
Frequently Asked Questions
What is the starting price for the auction?
The minimum starting price for the 99.99% stake (1.75 million shares) in Complex Hotelier Dâmbovița is 20 million RON.
When will the new auction take place?
The open competitive auction is scheduled for February 14, 2024, following a previous session on February 7 where no bids were received.
What are the key features of Hotel Dâmbovița?
The hotel is located near Sinaia and Otopeni Airport, offering various room types and a restaurant with a 200-seat capacity.