Nuclearelectrica benefits from the Issuer Market Maker services provided by Wood Company

Nuclearelectrica (SNN), the sole producer of nuclear power and nuclear fuel using CANDU 6 type technology in Romania, company listed on the Bucharest Stock Exchange (BVB) since 2013, will benefit from September 7 from the issuer’s market-making services provided by Wood & Company Financial Services.

SNN, with a capitalization of 14 billion RON, is one of the first companies whose shares were included in the FTSE Russell indices dedicated to emerging markets, FTSE Global All Cap, with the promotion of the Romanian capital market to emerging market status in 2020. Recently, with the inclusion announcement made by FTSE Russell in August, starting September 19, 2022, the company’s shares will move from the Mid Cap to Large Cap category.

“Our concern for increasing the liquidity of SNN shares is constant, associated with our desire and efforts to have the best possible positioning on the capital market, for the company and its investors. The SNN evolution on the capital market is obvious. Moreover, the recent transition from the Mid Cap category to the Large Cap category within the Global All Cap FTSE Russell indices, drives the maximization of SNN presence in the FTSE Russell indices and, for this purpose, we have proposed to implement the market-making services for increasing the liquidity of SNN shares on the local market, with beneficial impact for both, our shareholders and potential investors”, said Cosmin Ghita, CEO of Nuclearelectrica.

The SNN share is the 4th share of an issuer on the stock exchange for which Wood & Company team provides Issuer’s Market Maker services. The total number of financial instruments listed on the Main Market of the stock exchange that benefit from the services of the Issuer’s Market Maker reaches 20, out of which 19 shares and one bond issue.