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TERAPLAST SA - TRP

Detailed information on the share buyback program

Release Date: 11/8/2017 9:11:32 AM

IRIS Code: CF48D

AD HOC REPORT

In accordance with Law no. 24/2017 and NSC Regulation no. 1/2006

Date of report: 08.11.2017

Name of issuer: TERAPLAST S.A.

Headquarters: Teraplast Industrial Park, DN 15A, KM 45+500, Bistrita-Nasaud County

Telephone/Fax: 0263/238.202/0263/231.221

Trade Register No: J06/735/1992

Sole registration number at the Trade Register Office: RO3094980

Share capital: 85.691.097 lei

Regulated market on which the issued shares are traded: Bucharest Stock Exchange

Major events to be reported

a) Changes in the control of the company – N/A

b) Significant acquisitions or sales of assets – N/A

c) Bankruptcy – N/A

d) Transactions as listed in art. 82 of Law 24/2017 – N/A

e) Other events

Regarding the decision adopted by the Board of Directors of Teraplast SA on November 3rd 2017, concearning the beginning of the shares buyback process, through the financial services company BT Capital Partners S.A., the redemption by Teraplast SA of its own shares, will be done in accordance with the legal provisions applicable and in the conditions approved by the decision no. 1 of the EGMS, dated 21st 2017, respectively, in the following conditions: a maximum of 5,150,000 shares (0.60% of total shares composing the share capital) with a nominal value of 0.1 lei / share to a minimum price equal to the market price BVB from the moment of purchase and a maximum price of 0,8 lei / share, within a budget of 1,850,000 lei for a period not exceeding 18 months from the date of publication of the EGMS’s Decision in the Official Gazette Part IV, respectively from 26.10.2017, in order to implement a remuneration system to ensure compliance with the principle of long-term performance and a loyalty program for employees. The shares subject to redemption are paid from the distributable profit or the available funds of the company, recorded in the last approved annual financial statement, expect the legal funds, pursuant to Article 103 item (1) of Law 31/1990, updated.

General Manager

Pop Carmen Mirela

For additional information please contact us at the phone number 0752-101.571, e-mail: diana.bretfelean@teraplast.ro, contact person Diana Bretfelean – Legal Adviser.



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