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Litigation- action for acknowledgment of rights

Release Date: 2/20/2018 6:30:10 PM

IRIS Code: C850A


Financial Supervisory Authority

Financial Instruments and Investments Sector

Bucharest Stock Exchange

Regulated Market




according to the provisions of Law No. 24/2017 on issuers of financial instruments and market operations and Regulation No. 1/2006 of the National Securities Commission on issuers of and operations with securities, as subsequently amended and supplemented, and also the provisions of Art. 99 of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments

Date of the report

20 February 2018

Name of the issuing entity:


Registered headquarters:

Voluntari, Sos. Pipera Tunari, No. 4 C, Construdava Business Center, 6th, 7th Floors,

Ilfov County

Telephone/fax number:

021-230.75.81/82/83, 230.75.70/71/72

Registration number with the Office of the Register of Commerce attached to the Ilfov Tribunal:


Fiscal Code:


Subscribed and paid-in share capital:

RON 277,866,574

Regulated Market on which the issued securities are traded:

Bucharest Stock Exchange

Important events to be reported: the Company informs the shareholders and investors with regard to the initiation of an action for acknowledgment of rights, against the Romanian State and the Bucharest City Hall, in order to acknowledge the existence of its ownership right having as its object the plot of land having a surface area of 258,925.36 sq m located in Bucharest, Prelungirea Ghencea No. 402-412, District 6, as such is identified in Cadastral Documentation No. 6515/2/6/1, underlying the registration with Land Book No. 59472, opened with the District 6 Cadastre and Real Estate Publicity Office (the Impact Land).

The action initiated by Impact forms the object of File No.5737/3/2018 registered on the dockets of the Bucharest Tribunal.

The details regarding the necessity of filing such action were presented in the BVB Report of 26.05.2017.

The shareholders and investors are reminded that the Company acquired the Impact Land in good faith, based on an onerous title, whose validity is not challenged at present and has exercised a public and undisturbed possession since 2006, which arguments it intends to present before the court in the litigation mentioned above.


Bartosz Puzdrowski

General Manager


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