Banca Transilvania sees RON 414M block trade, likely pension fund rebalancing

Investors traded 10.9 million Banca Transilvania shares on the Bucharest Stock Exchange on July 8.

The block transaction reached a total value of RON 414 million.

This trade represents approximately 1% of the bank's total share capital.

Market speculation on July 9 identifies a pension fund as the potential seller.

The fund likely rebalanced its portfolio after hitting a 5% ownership cap.

Strong recent performance by the stock triggered this regulatory limit.

Official identities of the buyer and seller remain undisclosed.