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Bonds conversion april 2020

Release Date: 4/23/2020 8:09:07 AM

IRIS Code: A8F16

CURRENT REPORT in accordance with Law 24/2017 on issuers and market operations and FSA Regulation no. 5/2018 on issuers and market operations

Date: 23.04.2020




Headquarters:                                                                  Cluj-Napoca, 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 5,216,090,590

Legal Stock Market:                                                       Bucharest Stock Exchange


1.      Important events to report:


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

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

c)      Insolvency/juridical reorganisation/bankruptcy procedure – not applicable.

d)     Transactions of the type listed in art. 82 of Law no. 24/2017 – not applicable.

e)    Other events:


Banca Transilvania S.A. would like to inform investors that the Conversion Price for converting Banca Transilvania Bonds into Banca Transilvania shares (TLV), computed according to the Prospectus of Offer approved by CNVM Decision no. 304/04.04.2013 and Decision no. 345/18.04.2013 is RON 2.2414/share.

Please note that this price was determined on the Price Fixing Date, respectively on April 22, 2020, and it is equal to the average between the highest and lowest daily price of the Shares on the Regular Market, weighted by the daily trading volume on the Regular Market over the 90 days during which the Shares were traded on the Bucharest Stock Exchange, immediately prior to the applicable Price Fixing Date.

Bondholders who wish to convert bonds into shares are requested to provide an irrevocable Conversion Notice in writing to the intermediary BT Capital Partners S.A., according to Annex 4 of the Prospectus of Public Offer, within 30 days from the Price Fixing Date, namely until May 22, 2020.

The Conversion Notice can be found at the head offices of BT Capital Partners S.A., located in Cluj-Napoca, at 74-76 Constantin Brancusi St., ground floor. For additional information, please contact us either by phone at: 0374-778.035 or by e-mail at: backoffice@btcapitalpartners.ro.



OMER TETIK                                                        IOANA OLANESCU



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