Starting October 21, 2024, shares of Longshield Investment Group, an established investment fund in the Romanian capital market, are traded on the Bucharest Stock Exchange under the ticker symbol LONG.

Longshield Investment Group implemented a new brand identity beginning in March 2024, which included changing the company’s name from SIF Muntenia to Longshield Investment Group. The company, listed on the Bucharest Stock Exchange (BVB) for a quarter of a century, started trading under the new symbol LONG as a result of its rebranding process completed at the end of March 2024. To celebrate the launch under the new identity, an event was held at the BVB headquarters with company representatives and exchange officials.

“We are marking today not just the concrete change of the trading ticker symbol LONG, but also the end of an era for the old Financial Investment Companies. The former SIF Muntenia – now Longshield Investment Group – is the last of the five entities that, by completing this transformation process today, also achieve a symbolic transition, becoming, visually, a competitive and sophisticated fund, perfectly adapted to the current expectations and dynamics of the capital market,” stated Adrian Simionescu, Chairman of the Board of Directors of SAI Muntenia Invest, the administrator of Longshield Investment Group S.A.

“The history of the company that was recently named SIF Muntenia and is now becoming Longshield Investment Group is closely linked to the capital market and implicitly to the Bucharest Stock Exchange, considering the 25-year period that both companies have navigated together as partners. Longshield Investment Group is not just an issuer; it is also a partner of the exchange and the Romanian capital market ecosystem, as well as an important institutional investor at the BVB. I would like to thank you for everything you have done so far and wish you success for the future we are about to write together,” said Radu Hanga, President of the Bucharest Stock Exchange.

“The capital market can only develop with active involvement from all stakeholders. We are not alone in this endeavor; we have partners alongside us who drive the continuous development of the ecosystem around the capital market, and Longshield Investment Group is part of this ecosystem. Longshield Investment Group is an active supporter of the exchange, and I would like to mention its involvement in the Central Counterparty project. As an issuer, we are talking about a company whose capitalization has increased 65-fold over the 25 years on the stock exchange, and if we also consider the dividends distributed during this period, we see a total return exceeding 10,000%. The symbolism of today’s event, debuting on the exchange under a new ticker symbol and a new identity, means much more than a rebranding process; it signifies a new approach, competitiveness, and alignment with market trends. I wish you much success, and as I have said before, your success is also ours, so I hope you continue to make inspired investment decisions,” stated Adrian Tanase, CEO of the Bucharest Stock Exchange.

About Longshield Investment Group

Shares of Longshield Investment Group have been traded on the Regulated Market of the Bucharest Stock Exchange since November 1, 1999, making it one of the first issuers on the local exchange. The company’s shares were suspended from trading on Thursday and Friday (October 17 and 18, 2024) to change the ticker symbol from SIF4 to LONG, and on Monday, October 21, the first transactions could be carried out under the new symbol LONG.

Over the 25 years since its listing on the Bucharest Stock Exchange, more than 4.7 billion shares of Longshield Investment Group have been traded, with a total value exceeding 4 billion lei. At the end of the trading session on Wednesday, October 16, the last trading day under the old ticker symbol, Longshield Investment Group had a market capitalization of 1.36 billion lei, a value 65 times higher than its market cap at debut on November 1, 1999, resulting in a price return of 6,455%. Considering the dividends distributed by the company during these years, the investment made in the company’s shares has yielded a return of 10,072% since its listing. The company’s shares are included in the BET-XT, BET-XT-TR, BET-XT-TRN, BET-BK, and BET-FI indices.

About the Bucharest Stock Exchange

The Bucharest Stock Exchange (BVB) is the sole operator of securities markets in Romania. BVB, which has been listed on its own market since 2010, is part of the BVB Group, which includes the Central Depository, responsible for registry and settlement operations in Romania, and since 2019, the central counterparty CCP.RO, an institution that will take over the function of clearing securities transactions in Romania and will contribute to the relaunch of the derivatives market. BVB manages two distinct markets: the Regulated Market and the Multilateral Trading System, where a variety of financial instruments such as shares, bonds, mutual fund units, certificates, structured products, and preference rights are listed. The efforts of BVB and its stakeholders to modernize and develop the capital market in Romania have been recognized by its promotion to Emerging Market status by the global index provider FTSE Russell in 2020. Currently, 11 Romanian companies are included in the FTSE Russell indices dedicated to emerging markets. For more information, visit www.bvb.ro.