OGSM resolutions 28.04.2018

           CURRENT REPORT ACCORDING TO REGULATION C.N.V.M. 1/2006

·         REPORT ADDRESSEE: BUCHAREST STOCK EXCHANGE

                                                  A.S.F.(NATIONAL SECURITIES COMMISSION)

·         REPORT DATE: 28.04.2018

·         DESIGNATION OF THE ISSUING COMPANY: S.C. SINTEZA S.A.

·         HEAD OFFICE:  Sos. Borsului no. 35, Oradea BIHOR county 

·         PHONE: 0259456116 ; 0259444969, FAX: 0259462224

·         TAX ID NO AT TRADE REGISTER OFFICE: 67329

·         ORDER NO. AT TRADE REGISTER OFFICE : J/05/197/1991

·         SUBSCRIBED AND PAID UP SHARE CAPITAL: 9916888,50  LEI

·         REGULATED MARKET WHERE SECURITIES ARE TRADED AND ISSUED: BVB

IMPORTANT EVENT TO BE REPORTED:   Decision of the Ordinary General Meeting of Shareholders dated 28.04.2018

The Ordinary General Meeting of Shareholders, convened on April 28, 2018 at 10.00 with the participation of a percentage of  51,89% of the share capital, decides the following:

1. The annual financial statements as at 31 December 2017, based on the Administrators' Report and the Auditor's Report, for the financial year 2017 were approved:

-          Total revenues………………………… 24.240.230 lei;

-          Total expenses………………………... 29.835.370 lei;

-          Gross loss………………………………5.595.140  lei;

-          Net loss………………………………...5.595.140 lei.  

The loss of the financial year 2017 is carried forward, to be recovered from the profits of future financial years.

2. The discharge of the company's administrators for the financial year 2017 was approved;

3. The Company's Income and Expense Budget for 2018 was approved:

-          Total revenues…………………………..31.830.510  lei;

-          Total expenses…………………………..33.387.457  lei;

-          Gross loss    ……………………………...1.556.947 lei;           

            -     Net loss………………………….……….1.556.947 lei.

4.It was approved as the registration date of 17.05.2018 and the date of 16.05.2018 as ex-date according to art. 2, letter f of CNVM Regulation no. 6/2009;

            Pursuant to this judgment, all formalities relating to the advertising and registration of the appropriate entries shall be fulfilled at the Trade Registry Office, through the care of the Board of Directors of the company.

                              PRESEDINTELE  CONSILIULUI  DE ADMINISTRATIE

                                                  RADU   VASILESCU