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Current report - labor conflict in negotiation of the Collective Labor Agreement

Release Date: 9/21/2017 12:41:09 PM

IRIS Code: 04BD8

 To: Bucharest Stock Exchange

        Financial Supervisory Authority


according to CNVM Regulation no.1/2006

Date of Report: September 21th 2017

COMPANY NAME                         : SC SOCEP SA

HEADQUARTER                            : Constanta, New Port Dana 34

TELEPHONE/FAX                           : 0241/693856; 0241/693759

TAX REGISTRATION COD          : RO 1870767,


STOCK MARKET                            :BVB, first category, symbol SOCP

SHARE CAPITAL                            : 34.342.574,4 lei divided into 343.425.744 uncertificated registered shares with nominal value of 0,10 lei / share


Important event to report:  labor conflict

In accordance with article 99 paragraph 1 letter k Code BVB, we inform the investing public that within the company was created a labor conflict in the negotiation of the Collective Labor Agreement and Operative Personnel Trade Union of SA SOCEP declared strike starting on for an indefinite period starting on September 21th 2017.

Grievous employees will stop working and remain at work, black workers will continue their current work.

The management of the company will make every effort to minimize the impact of this event on the expected financial results.



Marius Barbarino




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