EVERGENT Investments changes its BVB ticker from SIF2 to EVER

EVERGENT Investments, the investment company recognized for the highest market value and for the best return offered to its shareholders, changes its ticker from SIF2 to EVER, starting with March 29, 2021.

Changing the ticker in EVER is part of the company’s shareholder-supported rebranding process to reflect a new development breakthrough, according to the new Alternative Investment Funds legislative framework.

“EVERGENT Investments assets management is a long-term mission of our shareholders and we have the resources to create even more economic and social value. We have a strong financial position and a very good corporate governance with refined investment and risk processes. We are prepared, experienced and responsible, we have an organizational culture based on people with solid values for long-term performance” stated Claudiu Doros, EVERGENT Investments Chairman and CEO.

”Rebranding is a natural step in the life of any company, because the visual identity reflects the new level that a company reaches, dynamism and innovation. With 30 years of experience in the investment world, EVERGENT Investments is one of the institutional investors active both in the capital market and directly in the economy, and this dynamism is also reflected in the evolution of share prices, which from today are traded under the ticker EVER”, said  Adrian Tanase,Bucharest Stock Exchange Chairman of the Board.

At the end of the trading session on Wednesday, March 24th, EVERGENT Investments had a market capitalization of RON 1.4bn (almost EUR 290mn). The company’s shares were suspended from trading on the trading sessions on Thursday and Friday (March 25th and 26th), for the change of theticker from SIF2 to EVER, and on Monday, March 29th, the first trades with the ticker EVER were made. The ticker SIF2 has been delisted, but the historical trading data will be maintained on this ticker, on Bucharest Stock Exchange website.

In the last 10 years, the company has generated for shareholders an average growth rate of the investment value of 13.2% annually, composed of dividends received and asset growth.