If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Friday, February 23, 2018 
Market Status: OPEN
About us and Governance Investor Relations Contact
Advanced search

Market News


ELECTROARGES SA CURTEA DE ARGES - ELGS

Initiating public offer redemption own shares - English version

Release Date: 1/15/2018 1:01:09 PM

IRIS Code: 044F0

 

                                                                    Translation from Romanian

 

ELECTROARGES S.A.

ARGIS       CURTEA DE ARGES, str. Albesti, nr. 12, Judet Arges, ROMANIA

Tel. 0248724000, fax  0248724004

Share capital 6,976,465.00 lei, subscribed and fully paid; nominal value per share 0.10 lei.

Registered in Arges Trade Register with No. J03/758/1991;

Tax Code: 156027.

                                                                                                             

FOR THE ATTENTION OF

THE FINANCIAL REGULATOR -

THE FINANCIAL INTRUMENTS AND INVESTMENT SECTOR

Fax: 021 6596051/6596414; and

- B.V.B. SA Bucuresti  - Main Market, Issuers Depart.

 

Current report in accordance with: Annex 29 of CNVM Regulation no. 1/2006

Report date: 11.01.2018

Issuer's name:   ELECTROARGES S.A., BVB code: elgs

Registered office: Curtea de Arges, str. Albesti , nr. 12, jud. Arges

Telephone/fax number: 0248724000/0248724004

Trade Register Registration Code: RO156027

Trade Register Registration Number: J03/758/1991

Share capital subscribed and paid:  6,976,465.00 lei

Regulated Market trading the issued securities: BVB (Bucharest Stock Exchange) - main    

market, standard category

I)           Important events to report.

a) Changes in the control of the trading company.

Not the case:

b) Other events:

   

The Chairman of the Electroarges S.A. Board of Directors informs the capital market regulators, the shareholders and the potential investors that Electroarges S.A., following the Decision of the Extraordinary General Meeting of Shareholders held on 11.12.2017,  submitted to the Financial Regulator on 10.01.2018, via the SSIF Vienna Investment Trust S.A., the documentation of the public takeover bid for the redemption of its own shares, addressed to all the holders of securities issued by Electroarges S.A. and with effect on their holdings, within the approved limit, namely 6,976,465 shares, as well as the guarantee related to this procedure.

 

CHAIRMAN

 BOARD OF DIRECTORS,

Constantin Stefan

 



 Print

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


©2016 Bucharest Stock Exchange. All rights reserved