Impact Developer Founders Forced Execution
Transilvania Bank sells the shares of Dan Ioan Popp and Carmen Daniela Săndulescu, the founders of Impact real estate developer. The shares represent 25% of the joint stock of the company.
The package is estimated at 6.25 million lei. Dan Ioan Popp, the founder of Impact, owns 32.6 million shares, representing 16% of the company stock, while Carmen Daniela Săndulescu, one of the most important managers of the company, owns the rest of 19 million shares, representing 9% from the company stock.
BT Securities, part of Transilvania Bank financial group will perform the selling of the 51.7 million shares. The judicial executer however has asked that the transaction should be closed only if the entire shares stock will be sold. (source: zf.ro)