If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Monday, December 17, 2018 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News

ARGUS SA Constanta - UARG

Current Reports OGSM Decision no.1 from february 26,2018

Release Date: 2/26/2018 6:05:09 PM

IRIS Code: 65803




Fax: 021 659.60.51 ; 021 659.64.36



            Fax: 021 312 47 22


According to ASF Regulation no. 1/2006, regarding the issuers and securities transactions,

and Law no. 24/2017, regarding Capital Market

Report date: 26.02.2018

Company name: ARGUS S.A. CONSTANTA

Headquarters: Industriala Street, no. 1

Tel/Fax no. 0241/67.68.40; 0241/63.43.67

Fiscal code 1872644: Tax attribute RO

Trade Register Number: J 13/550/1991;

Share capital subscribed and paid: 53.670.699 lei

Regulated market where the issued securities are traded:  BVB-ATS AeRo

Shares (market symbol UARG)


Significant events to report

            Ordinary General Shareholders Meeting decision no. 1 from 26.02.2018


The Ordinary General Shareholders Meeting took place on 26.02.2018, in the first convocation day, at the company’s headquarters from Industriala Street no. 1, Constanta, under publicity conditions, quorum and vote as per applicable Romanian legislation and the company’s Constitutive Act dispositions. 

At the meeting were present also representative shareholders that own a number of 30.892.875 shares, representing 86,34 % of the total social capital, with voting rights.

Following the debates regarding the items subscribed on the agenda and recorded in the meeting minutes, with unanimity of votes, the present and represented shareholders have adopted:


           1.    Approval of the individual financial statements at 31.12.2017, based on the Board of Directors Report and the Financial Auditor’s Report.

           2.    Approval to carry on the loss recorded by the company at 31.12.2017, with a value of 9.217.962 lei, and its coverage from future profits as per legal                         provision in force. 

     3.     Approval of the administration discharge of the company’s administrators for financial year 2017.


     4.     Approval of the Incomes and Costs Budget for year 2018, in the presented form:

a.       Total Incomes            – 224.267.100 lei

b.      Total Costs                 – 219.311.761 lei

      c.   Gross profit                – 3.465.339 lei


5.  Approval of the Investments Program for year 2018, in the presented form, with a value of 2.200.000 euro, with the mention that the investments will be

    made according to priorities and the available financing sources.

     6.   Approval of the Financial Statements for the year closed at 31.12.2017, drafted in accordance with IFRS for the approval of the accounting regulations        as per European Directives and Accounting Law no. 82/1991, republished.


     7.  Approval of date 16.03.2018 as registration date, in accordance with art. 86 alin. (1) from Law no. 24/2017, to identify shareholders that are affected          by the decisions made by the Shareholders General Meeting and 15.03.2018 as “ex date”, in accordance with art. 2 point f and art. 5 point 11 from                C.N.V.M. Regulation no. 6/2009, as modified and completed by ASF Regulation no. 13/2014;

     8.  Approval of empowerment for Mr. Robu Sabin-Marcu – General Manager and/or Mrs. Alina Pirjan – Attorney, for signing and performing all of the                  A.G.O.A. decisions and performing all formalities provided by the law for the registration of the mentions at the Commerce Register, accordingly with the      adopted decisions.


CHAIRMAN of the Ordinary General Shareholders Meeting

Cristian Busu




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