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BANCA TRANSILVANIA S.A. - TLV

Acquisition Victoriabank

Release Date: 1/16/2018 12:46:04 PM

IRIS Code: FC4A0

CURRENT REPORT in accordance with the C.N.V.M. Regulation no. 1/2006

Date: 16.01.2018

BANCA TRANSILVANIA S.A. CLUJ-NAPOCA

 

Headquarters:                                                       Cluj-Napoca, no. 8 G. Baritiu Street

Telephone/fax number:                                        0264/407150/407179

Registry of Commerce registration number:     J12/4155/1993

Individual identification number:                        5022670

Subscribed and paid-up capital:                         RON 4,341,439,404

Legal Stock Market:                                             Bucharest Stock Exchange

 

1.      Important events to report:

 

a)  Change of control of the company – not applicable.

b)  Acquisition or substantial transaction of assets – not applicable.

c)  Insolvency procedure – not applicable.

d) Other events:   

 

Banca Transilvania S.A. hereby informs the investors that it has acquired an initial indirect stake of over 39 per cent of the share capital of Victoriabank, the third largest bank in the Republic of Moldova, following the receipt of approval of the acquisition from the banking regulators of Romania and Moldova, namely the National Bank of Romania, the National Bank of Moldova and the Competition Council of the Republic of Moldova.

As a result of the planned investment, Banca Transilvania and the EBRD will jointly hold over 66% of the share capital of Victoriabank and will offer to buy the remaining shares in accordance with the applicable legal provisions.

Investors can access further information on Banca Transilvania’s website (www.bancatransilvania.ro), Investor Relations tab.

 

CHIEF EXECUTIVE OFFICER                          CHIEF GOVERNANCE OFFICER

OMER TETIK                                                      IOANA OLANESCU

 



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