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Notification of a NTRO litigation

Release Date: 10/27/2017 6:55:51 PM



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

Report date: 27 Octombrie 2017

Name of the issuing company: TERAPLAST S.A.

Registered office: Parc Industrial Teraplast, DN 15A, KM 45+500, Bistrita-Nasaud

Phone number: 0263/238.202

Fax number: 0263/231.221

Trade Register No.: J06/735/1992

VAT number: RO3094980

Subscribed and paid-up share capital: RON 85,691,097

Regulated market for shares admitted to trading: Bucharest Stock Exchange, standard cat., symbol TRP

Major events to be reported

a) Changes in the control over the company – not applicable

b) Substantial purchase and alienation of assets – not applicable

c) Bankruptcy proceedings – not applicable

d) Transactions of the type listed at art. 82 of Law 24/2017 – not applicable

e) Other events

The Board of Directors of the Company Teraplast S.A. is informing its shareholders and potential investors, in pursuance of Article 113 item A par. 1 letter (j) of the NSC Regulations no. 1/2006 on the issuers and operations with securities, and Article 99 letter j) of the Bucharest Stock Exchange Code, investors that, following the dismissal of the request to record a Decision of the General Assembly of the Shareholders of Depaco SRL regarding the update of the Articles of Association, Teraplast chose to go to court and file a complaint against the decision of the Trade Register of Prahova Court ruled in order to dismiss the requested record, regarding the registration of the 60% ownership.

On 1st of March 2017, Teraplast concluded a contract with Depaco's associates for the purchase of the 50% of its shares. The transaction was completed after receiving the approval from the Romanian Competition Council and registering with the Trade Registry.

Subsequently, Teraplast acquired another 10% of the shares of Depaco SRL, which are not registered in the Trade Registry, and Depaco control is exercised jointly with the other associates.

Therefore, the complaint against the decision of the Trade Register of Prahova Court, filed by Teraplast S.A. against the Trade Register of Prahova Court and Depaco SRL, was recorded at Prahova Court under no. 6262/105/2017.

For any further information please contact us at 0752-101.571, e-mail: diana.bretfelean@teraplast.ro, contact person Diana Bretfelean – legal adviser.


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