One United Properties shares liquidity will be enhanced by Raiffeisen Centrobank
One United Properties (ONE), a real estate developer of premium residential projects in Romania, benefits as of January 3, 2022, from the Issuer Market Maker (IMM) services provided by Raiffeisen Centrobank.
It is the second IMM provider for ONE shares, after BRK Financial Group started similar services in August 2021. One United Properties went public on Bucharest Stock Exchange’s Main Market in July last year, following a primary initial public offering which attracted 260 million RON from the capital market investors.
One United Properties is also the fifth Romanian company included in FTSE Global All Cap Emerging Markets indices, from December 20, 2021. The market capitalization of the company amounts to 3.3 billion RON (668 million Euro).
‘Since our debut on the Bucharest Stock Exchange, we have paid utmost attention to the liquidity since, alongside top corporate governance, it is the key criteria that global institutional investors follow. We are thrilled that as of today, One United Properties benefits from Issuer Market Making services provided by two brokerage houses. As we see growing capital inflows coming from foreign investors, we continue to prioritize ensuring high liquidity that can support the entry of significant investors into our shareholding. In this context, we look forward to a fruitful collaboration with Raiffeisen Centrobank, which will also provide ONE with research coverage as well as will launch four structured products with ONE stock as underlying’, said Victor Capitanu, One United Properties co-CEO.
‘I am glad we start 2022 with a news related to the liquidity of the market, as a way to point out even more our direct interest in reviving the trading activity. We want a much more liquid market, for the benefit of investors and issuers, and I hope that in 2022 we will see a positive evolution of trading. The level of liquidity of ONE shares had a considerable influence in the decision of including it to BVB and FTSE Russell indices. I hope that this year more and more companies will join this program to support the liquidity of their shares’, said Adrian Tanase, Bucharest Stock Exchange CEO.
The Issuer’s Market Maker activity will be performed by Raiffeisen Centrobank based on a contract. ONE share is the fourth financial instrument for which the Raiffeisen Centrobank team offers the Issuer’s Market Maker services.
The total number of the financial instruments listed on Bucharest Stock Exchange that benefit from the Issuer’s Market Maker program is 18 (out of which 17 shares and one bond issue). ONE share is the second one with two IMM providers, next to Purcari Wineries (WINE).