If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Tuesday, December 11, 2018 
Market Status: OPEN
About us and Governance Investor Relations Contact
Advanced search

Market News


Shares buy-back programme

Release Date: 11/3/2017 6:34:06 PM

IRIS Code: 2C90C


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

Date of report: 03.11.2017

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

Board of Directors of Teraplast SA inform its shareholders and potential investors about the decision adopted on November 3rd 2017, to nominate the financial services company BT Capital Partners S.A. to represent Teraplast in the share buyback process of maximum 5,150,000 own shares, within a budget of 1,850,000 lei.

In the same decision, The Board of Directors of Teraplast SA approved a „stock option plan” by which a number of Group employees will receive Teraplast SA (symbol TRP) shares, which will be purchased in the buy-back program approved by EGMS decision no. 1/21.09.2017. The shares of the „stock option plan” will be given to the beneficiaries for free.

Also, the Board of Directors of Teraplast SA approved the beginning of the share buyback process, starting with November 3rd 2017, in the conditions approved by the decision no. 1 of the EGMS, dated 21st 2017, published in the Official Gazette of Romania, no. 4071/26.10.2017.

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.


Information provided by IRIS, the news platform of the Bucharest Stock Exchange.


Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2016 Bucharest Stock Exchange. All rights reserved