SIF Banat Crisana suspends voting rights to several shareholders

Thus, a group of investors gathered around Banca Transilvania (TLV) was stripped of voting rights corresponding to around 13.8% of the shares and another group, gathered around Mr. Chelu, was stripped of voting rights for 0.15% of its shares. The third group of investors who 'had a common policy toward SIF1' was stripped of voting rights corresponding to 5.95% of its shares and comprises investors who requested a hike of DPS from RON 0.04 to RON 0.103. Therefore, in our view the odds for the approval of the larger DPS have diminished.