Upgrade of the TeraPlast share within MSCI indices

alexandru stanean 1

Bistrița, August 14 2023

  • The TRP stock will be promoted from Small Cap to Mid Cap / Large Cap within MSCI
  • The new classification will increase the visibility and attractiveness of the company for foreign investors

TeraPlast Group's performance and relevance are recognized by the upgrade the company's shares to a higher category within the MSCI indices. Starting the 1st of September, TRP securities will be upgraded from Small Cap to Mid Cap / Large Cap and will be part of the MSCI Frontier and MSCI Romania indices.

The reclassification is part of the quarterly review of the indices, and TeraPlast, together with five other Romanian companies, has moved to a higher level of classification, which represents a validation of the company's attractiveness, a confirmation of its robust evolution and future development prospects.

"We consider that this upgrade is a direct result of our work, of TeraPlast Group as a pillar of the Romanian economy and a group with a relevant footprint at regional level from the standpoint of the largest polymer processor in Central and South-Eastern Europe. We are aware that our visibility will increase, we will become attractive to new categories of investors and we are ready to deliver even more value to our shareholders, whom we thank for their trust and for being by our side regardless of the momentary trends in the capital markets. Compared to the moment of listing, July 2, 2008, the market cap of TeraPlast increased more than four times, and currently the value of the Group has exceeded one billion lei. We have developed intensively as a business in recent years and, at the same time, we have paid increased attention to improving our investor relations activity and the liquidity of TRP shares, key elements in increasing the attractiveness of the company. As a result, ever since the beginning we are one of the companies with a score of 10/10 on Vektor that evaluates the IR activity of issuers, and we are consistently at the top of the BSE liquidity by volume." said Alexandru Stânean, CEO of TeraPlast.

TRP was also upgraded to the FTSE Russell indices in September 2021 when it moved to Small Cap and Global All Cap from Micro Cap and Total Cap. The TeraPlast share was also included by the Vienna Stock Exchange in the CECE MID CAP and ROTX EUR indices.

This year, TeraPlast marked 15 years on the Romanian capital market, a decade and a half that was surrounded by successes. TeraPlast Group is today the largest polymer processor in Central and Eastern Europe, a position it reached following an intensive investment program, which exceeded 800 million lei in total. In the 15 years of presence on the capital market, an investment in TRP securities brought a return (including dividends) of more than 450%.

"Over time, we have shown that if there is will, there is a way, as long as there are vision and determination. It's a shame that we don't see more listed companies, and moreover, that they don't all follow such a clear and upward path as TeraPlast. added Mr. Dorel Goia, Chairman of the TeraPlast Board of Directors.

About TeraPlast Group

TeraPlast Group is the largest polymer processor in Central and South-Eastern Europe. The group is composed of the following companies: TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast. Since July 2, 2008, TeraPlast SA is listed on the Bucharest Stock Exchange under the symbol TRP. The company's shares are included in the BET reference index of the Bucharest Stock Exchange, in the Small Cap and Global All Cap indices of FTSE Russell, in the MSCI Frontier IMI (Investable Market Index) and in the CECE MidCap and ROTX EUR indices of the Vienna Stock Exchange.

Within the VEKTOR evaluation based on 12 criteria on corporate governance and communication with investors, carried out by ARIR, TeraPlast obtained the maximum score, 10, for the fourth consecutive year.