Market News


Dividend payment 2019

Release Date: 12/9/2019 5:03:40 PM

IRIS Code: E18FD




AS OF December 9TH, 2019



Str. Taietura Turcului, nr 47, etaj 3  Cluj-Napoca

Market where standard category Bucharest Stock Exchange securities are traded


Tax number RO 199044

Subscribed and paid share capital RON 26,391,783

Registered at the Trade Register Office under no.: J12/8/1991



The undersigned, Transilvania Constructii SA ,based in the town of Cluj Napoca,  47 Taietura Turcului Street,  3rd  Floor,  Cluj county, registered with Cluj Trade Register under number J12/8/1991 and tax number RO 199044, duly represented by Mr. Timofte Andrei Iancu-General Manager, hereby informs investors that:

·         Starting from December 10th, 2019 -payment date- the process of dividend distribution shall start, as approved by the Decision of the General Meeting of Shareholders as of October 31th, 2019. The distribution shall take place under the following conditions:

1.      The total amount approved for distribution as dividends: RON 3,998,755;

2.      Gross dividend/share: RON 5;

3.      Beneficiaries of the dividends: the shareholders registered with the Register of Shareholders at the end of  November 26th, 2019 (registration date, as approved by the OGMS as of October 31th, 2019), ex-date as of November, 25th, 2019 ;

4.      The method for dividend distribution:

              - the dividends shall be distributed via Depozitarul Central SA;

               -The appointed agent for payment: CEC Bank SA;

              - for the shareholders whose bank account (IBAN) registered at Depozitarul Central SA, the payment of dividends shall be done by wire transfer;

                        - for shareholders whose IBAN code is not registered Depozitarul Central SA, the payment of dividends shall be done in cash, at the offices of the appointed agent for payment, namely CEC Bank SA. The cash dividends may be collected by resident shareholders by showing the identity card (stipulating the personal identity number) and, for non-resident shareholders, by showing the passport; the passport series and number should be consistent with the data registered at the Depozitarul Central.

 Please note that, under the Law 227/2015 (Tax Code), the Company has the legal obligation to withhold and to wire the tax for dividends to the state budget.



Best regards,

General Manager

Timofte Andrei Iancu






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