Nuclearelectrica benefits from the Issuer Market Maker services provided by BRK Financial Group
Societatea Nationala 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 starting October 21, 2022 from the issuer’s market-making services provided by BRK Financial Group.
SNN, with a capitalization of 12 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 two years ago. Following the public announcement made in August by FTSE Russell, starting September 19, 2022, the company’s shares moved from the Mid Cap to Large Cap category.
“We are constantly considering ensuring the improved liquidity premises both for SNN shares by reference to the inclusion of SNN in the Large Cap category of FTSE Russell and, implicitly, the capital market in general. The active issuers involvement to secure the best possible liquidity through partnerships with market participants, helps reduce risk and increase value for shareholders and potential investors.”, said Cosmin Ghita, CEO of Nuclearelectrica.
The SNN share is the 14th share of an issuer on the stock exchange on the Main Market for which the BRK Financial Group team provides Issuer Market Maker services. Starting October 21, 2022, 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 21.