Bittnet goes to Premium category on the AeRO market.

Starting Monday, 15 February 2016, Bittnet (BNET), together with 22 other companies, will go on to Premium category on the AeRO market of the Bucharest Stock Exchange.

Starting with this date companies listed on the alternative transactioning system specific to the AeRO market will be classified in 2 categories: Standard and Premium.

Acording to the Bucharest Stock Exchange press release, the criterya in order to be included in the Premium-AeRO Category are the following:

  • Share to be transactioned based on the continous transactioning mechanism and:
    • the average daily value of transactions in the main market (regular) in the past 6 months to be higher than 1.000 Euro or
    • total value of holdings smaller than 10% to be larger than 1.000.000 Euro(according to the latest structure offered by the Central Deposit)
  • Newly admited share, without transaction history, will be included in the Premium-AeRO Category for a period of at least 12 months from their debute on AeRO if no extraordinary situations show up that lead to a reclasification in the AeRO-Standard Cateogry.

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Details regarding activity reports of Bittnet can be read on the investor’s dedicated website.

The complete press release from the Bucharest Stock Exchange can be found here.