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| May 25, 2022 |
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PURCARI WINERIES PUBLIC COMPANY LIMITED - WINE

Third BVB listing anniversary

Release Date: 2/15/2021 5:45:28 PM

IRIS Code: 0B05C

Bucharest, February 15th, 2021
 

Purcari Wineries Group, the only listed winery in Eastern Europe, at the third BVB listing anniversary 

 

Today, February 15, 2021, Purcari Wineries Group ("Purcari") celebrates three years since its listing on the Bucharest Stock Exchange (BVB). Throughout this period, Purcari Group launched 15 new products and remains the largest wine exporter of the Republic of Moldova, its brands being awarded 121 medals at the most prestigious wine competition in the world, Decanter World Wine Awards. According to the ARIR’s report as of January 2021, Purcari Group achieved the highest VEKTOR score in 2020, obtaining 10 out of 10 points of communication level with investors.

 

On February 15, 2018, Purcari's management chose to begin "a new stage of development" by deciding to start listing on the Bucharest Stock Exchange (BVB). Today, the Group continues to be supported by top investors, including Fiera Capital, Horizon Capital, East Capital, Conseq, Franklin Templeton, Aberdeen, and SEB. In 2021, Purcari remains the only public listed winery in Eastern Europe (on BVB, under ticker − WINE), but also one of the Top 10 companies with the highest VEKTOR score.

 

Eugen Comendant, COO Purcari Wineries Group: “In three years of listing on the stock exchange, the Purcari Group has experienced an extraordinary development both in the operational activity, as well as in terms of communication with partners and investors. The responsibilities we assumed with the listing on stock exchange towards the community and investors have matured us, made us understand the rules of the capital market, and improve the processes within the group. Today, looking back to 2018, we realize that we have made huge progress, but we will not stop here. We will continue to do our best to become better.”

 

In 2018, the listing of the Group on the stock exchange started with the price of 19 RON/share and, unlike other industries, in which the shares have severely depreciated during Covid, the Purcari shares experienced a moderate fluctuation. The highest valuation of Purcari shares was registered on February 3, 2020, before the pandemic, when the Group shares reached the quotation of RON 25.86/share. On February 15, 2021, the Group's shares started trading at 24.70 RON/share, which means a 30% increase as compared to the price from the beginning of the listing.

 

Purcari wines, both those that are well-known to the world, as well as those that were launched in the post-listing period at BVB continue to be highly appreciated by wine lovers from Moldova and Romania, as well as by the world-class experts at the international wine competitions. Viorica de Purcari 2019 wine scored 97 out of 100 points during a blind tasting in 2020, being awarded the title of "Best in Show" at the Decanter World Wine Awards 2020, along with Traminer de Purcari, which was evaluated with 97 out of 100 points, and awarded with the "Platinum" medal at the same competition.

 

About Purcari Wineries

 

Purcari Wineries PLC (Purcari, Crama Ceptura, Bostavan, and Bardar brands) is one of the largest wine and brandy groups in the CEE region. The Group manages around 1400 hectares of vineyards and operates four production platforms in Romania and Moldova. Purcari is the leader in the premium wine segment in Romania, with a 30% segment share, and the largest wine exporter from Moldova, delivering to over 40 countries. Founded in 1827, Purcari is the most awarded winery in CEE at Decanter London 2015-2020 and among the best ranked on Vivino, with an average score of 4.1 out of 5.0, based on over 44000 reviews. Starting February 2018, the Group is listed on the Bucharest Stock Exchange, under the ticker WINE. Purcari is led by Victor Bostan, a 30+ years wine business veteran and backed by top institutional investors, including Aberdeen, Conseq, East Capital, Fiera Capital, Franklin Templeton, Horizon Capital, and SEB.

 

Inquiries

investor.relations@purcari.wine
 

Disclaimer

This document may contain certain forward-looking statements that are based on estimations and forecasts. By their nature, these forward-looking statements are subject to important risks and uncertainties, and factors beyond our control or ability to predict. These forward-looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward-looking statements only reflect the Group's views as of the date of this document, and the Group does not undertake to revise or update these forward-looking statements. The forward-looking statements should be used with caution and circumspection and in no event can the Group and its management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in the Group or an invitation or inducement to engage in any other investment activities.

 

 



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