One United Properties (BVB: ONE), Romania’s leading investor and developer of sustainable residential, office, and mixed-use real estate projects, announces the launch of a Public Tender Offer (“PTO”) for the repurchasing of its own shares.
The Offer was approved by the Romanian Financial Supervisory Authority on 24 June 2026. Through the Offer, One United Properties intends to acquire up to 4,770,000 shares, representing up to 4.32% of the Company’s subscribed and paid-up share capital, at a price of RON 33.00 per share. The Offer will be carried out between 1 July 2026 and 14 July 2026.
“Capital allocation is one of the most important responsibilities of a public company. The launch of this Public Tender Offer reflects our confidence in the strength of the business, the quality of our asset base, and our long-term growth prospects. We continuously evaluate how to deploy capital in a way that creates the best value for shareholders over time, and we believe that, alongside continued investment in our development pipeline, the repurchase and cancellation of shares represents an attractive use of capital that can enhance value on a per-share basis. This transaction reinforces our commitment to disciplined growth, prudent balance-sheet management, and long-term value creation for our shareholders,”
stated Claudio Cisullo, Chairman of the Board of Directors of One United Properties.
The launch of the Offer reflects One United Properties’ capital allocation strategy and confidence in the long-term value of the business. By repurchasing and cancelling shares, the Company aims to reduce the number of shares outstanding and increase the proportional ownership interest of the remaining shareholders. At the same time, the Offer provides an orderly liquidity opportunity for shareholders who wish to monetize part or all of their investment, while preserving the financial flexibility required to execute the Company’s development pipeline and pursue future growth opportunities.
The PTO is part of the broader share buyback program approved by the Extraordinary General Meeting of Shareholders on 15 October 2025, with the purpose of reducing the Company’s share capital. The shares repurchased through the Offer will be cancelled, and the Company’s share capital will be reduced accordingly.
The members of the Board of Directors, including the Company’s co-founders, Victor Capitanu and Andrei Diaconescu, have confirmed that they will retain their shares and will not participate in the Public Tender Offer.
The Offer will be conducted in accordance with the applicable regulations and the approved Offer Document. Shareholders who wish to participate may tender some or all of their shares during the Offer period through SSIF BRK Financial Group S.A., the intermediary of the Offer, or through an authorized investment firm or credit institution participating in the Offer, in accordance with the procedures described in the Offer Document.
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