New hurdles along FP shareholders' path to Stock Exchange - financiare.ro
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News » January, 2011 » 18 January 2011

New hurdles along FP shareholders' path to Stock Exchange
18.01.2011, 23:33 | Capital Markets | 859 views



Thousand of people own Fondul Proprietatea shares jointly, being registered at the Central Depository in "joint accounts" which they share with several inheritors of the same former owner. They cannot trade their shares on the Stock Exchange before going to the notary public.

Iulian Lepa, a lawyer specialising in compensations and a shareholder in FP himself, is in the position of sharing with his sister a "joint account" of stock received as compensation for a plot of land that belonged to his mother and was confiscated by the communists.

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