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News from Members Meta Estate Trust Benefits From the Issuer Market Maker Services Provided by BRK Financial Group

Meta Estate Trust Benefits From the Issuer Market Maker Services Provided by BRK Financial Group

by Meta Estate Trust February 3, 2023

Meta Estate Trust (MET), holding company that operates in the real estate sector, listed on the Bucharest Stock Exchange (BVB), benefits since January 26, from the Issuer's Market Maker services offered by BRK Financial Group. The company is listed on the AeRO market, the equity segment of the Bucharest Stock Exchange’s Multilateral Trading System, since 2022. On January 31, 2023, the Meta Estate Trust’s capitalization was RON 79.72 mn.

"Ever since the listing of Meta Estate Trust on the AeRO market of BVB, approximately 5 months ago, the constant concern of the company's management has been to keep our commitments to investors and to develop permanently. During this period, we made investments with high potential and concluded exits with returns above the market average. We want to continue to be one of the most attractive issuers for existing shareholders, but also for potential investors. Therefore, in line with our strategy so far, we are happy to announce the partnership with BRK Financial Group for the implementation of the Market Making program. We are confident that it will support the company's liquidity on the capital market and bring added value to MET shareholders," said Oriol Casellas Deig, CEO of Meta Estate Trust.

The MET share is the 14th share of an issuer listed on the stock exchange on the Main Market for which the BRK Financial Group team provides Issuer’s Market Maker services. The total number of financial instruments listed on the Bucharest Stock Exchange’s Main Market that benefit from the Issuer's Market Maker services reaches 21. The specific parameters that apply to the Issuer's Market Maker activity carried out by BRK Financial Group for Meta Estate Trust shares are available HERE.

"We are happy to have signed a new contract within the Issuer's Market Maker program with Meta Estate Trust, and we aim to make the results of this partnership as visible as possible in the shortest possible time, in order to improve liquidity from all angles (traded volume, number of trades, market depth and trading spread). In this way, we underline BRK Financial Group's continued commitment to the capital market and appreciate the company's trust in our expertise," said Monica Ivan, CEO of BRK Financial Group.

"Increasing liquidity remains an important goal for the Bucharest Stock Exchange this year, and the partnership between Meta Estate Trust and BRK Financial Group for the Issuer's Market Maker services is an indicator that shows us the issuers' commitment to boosting their performance on the Romanian capital market. I am glad that less than 6 months after its listing, Meta Estate Trust has chosen to employ the Issuer's Market Maker services to enhance its evaluation and market positioning. We see issuers becoming more and more open to this type of service, and we look with confidence to the Market Maker segment evolution that supports the long-term development of the local capital market", stated Adrian Tănase, CEO Bucharest Stock Exchange.

The IMM is the participant in BVB’s trading system that has taken on the role of sustaining the liquidity of a financial instrument. Further information regarding the general framework for the IMM Program can be found HERE.

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