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TRANSILVANIA CONSTRUCTII SA - COTR

EGSM resolutions January 23rd, 2018

Release Date: 1/23/2018 4:25:05 PM

IRIS Code: E20DB

CURRENT REPORT

 

AS PER January 23th ,2018

 

SC TRANSILVANIA CONSTRUCTII SA

47 Taietura Turcului Street, 3rd floor,  Cluj-Napoca

Market where securities are traded: Bucharest Stock Exchange category: standard

Tax code: RO 199044

Subscribed and paid up share capital: RON 26,391,783

Reg. no. with the Trade Register: J12/8/1991

 

DECISION OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

 

The Extraordinary General Meeting of Shareholders of SC Transilvania Constructii SA Cluj Napoca, 47 Taietura Turcului Street, 3rd floor , held on January 23th, 2018, at 12 P.M., at the company’s headquarters in Cluj-Napoca, strada Taietura Turcului, nr 47,etaj 3 , in the presence of shareholders who own 748,937 company shares, comprising 93.65 % of the company share capital, respectively 748,937 shares, representing 93.87 % of the total voting rights, following the debates on the items of the agenda, hereby makes the following decisions:

1. Approves  the acquisition by the company of a maximum of 78,039 own shares, under the following requirements:

  • The maximum value of the shares to be acquired  will be  RON 40 / share and the minimum value will be RON 25 /share;
  • The maximum duration extent to which the company will be able to purchase the shares will be 12 months, calculated from the date of publication in the Official Journal of Romania of the Decision of the Extraordinary General Meeting of the Shareholders, approving the procurement of its own shares;
  • the purpose of the acquisition: further redistribution to employees and administrators
-          the source of financing the acquisition: retained profits

 

With  93.65%   of the share capital,    and 93.87% of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

2.  Authorizes  The Board of Directors to fulfill all the formalities related to purchase of the company’s own shares as well as for the operations related to the subsequent redistribution of these shares to the employees and administrators of the company.

With 93.65% of the share capital,    and 93.87 % of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

3. Approves  contracting by the Board of Directors of an authorized intermediary in order to carry out the purchase of its own shares.

With   93.65 %   of the share capital,    and 93.87% of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

4. Approves February 16th , 2018 as registration date.

With  93.65 %   of the share capital,    and 93.87 % of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

5. Approves the power granted to an individual for publishing decisions in the Official Journal, signing documents and conducting the necessary registrations to the Trade Register Officer and other competent institutions.

The mandated person is Mr. Barz Lucian, having PIC 1780501120723, legalized with CJ series CJ, number 076597.

 

With  93.65 %   of the share capital,    and 93.87 % of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

6. Approves February  15th , 2018 as ‘ex date’ date.

With  93.65 %   of the share capital,    and 93.87 % of the voting rightsrespectively 93.87 %  votes for, 0 % votes against, 0 % votes for abstention

 

 

Sincerely yours,

 

General Manager

     Timofte Andrei Iancu

 

 

 

 

 

 



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