Market News


ELECTROARGES SA CURTEA DE ARGES - ELGS

Litigations - English version

Release Date: 5/16/2018 2:42:55 PM

IRIS Code: B3C53

 

 

Translation from Romanian

 

ELECTROARGES S.A.

ARGIS       CURTEA DE ARGES, str. Albesti, nr. 12, Judet Arges, ROMANIA

Tel. 0248724000, fax  0248724004

Share capital 6,976,465.00 lei, subscribed and fully paid; nominal value per share 0.10 lei.

Registered in Arges Trade Register with No. J03/758/1991;

Tax Code: 156027.

 

FOR THE ATTENTION OF

THE FINANCIAL REGULATOR -

THE FINANCIAL INTRUMENTS AND INVESTMENT SECTOR

Issuers. Transaction Monitoring and Market Abuse Department

Fax: 021 6596051/6596436

 

 

Current report in accordance with: Annex 29 of CNVM Regulation no. 1/2006

Report date: 14.05.2018

Issuer's name: ELECTROARGES SA, BSE code: elgs

Registered office: Curtea de Arges, str. Albesti , nr. 12, jud. Arges

Telephone/fax number: 0248724000/0248724004

Trade Register Registration Code: RO156027

Trade Register Registration Number: J03/758/1991

Share capital subscribed and paid:  6,976,465 lei

Regulated Market trading the issued securities:

BSE – main market, standard category

 

Important events to report:

a) Changes in the control of the trading company.

Not the case:

 

b) Other events:

 

Electroarges S.A. in accordance with the provisions of Art. 113, letter j) of CNVM Regulation no. 1/2006 informs the shareholders about the list of disputes in which the company is a party, updated on 14.05.2018: 

 

 

 

CASE NO.

COURT

PARTIES

OBJECT PROCEDURE

LAST TERM

CASE STATUS

MENTIONS

1.

2518/109/2018

Arges County Court

Constantinescu Gabriel –

Defendant

 

Electroarges - Claimant

Action concerning the patrimonial liability

Settlement procedure

Merits

 

2.

521/1259/2017

Arges Commercial Court

Vidraru S.A.- Intervener                   Electroarges S.A. - Defendant

 

 

 

Applications under  Government Emergency Ordinance 116/2009 intervention against the application for registration in the Trade Register of Electroarges  SA Board of Directors Decision. no.

214 / 20.10.2017  

 

 

 

 

27.02.2018

Merits

Settlement:
Dismisses the request for intervention, as submitted by VIDRARU S.A., to the application for registration in the Trade Register of the mentions concerning the administrators / authorized persons / legal representatives according to the ELECTROARGES S.A Board of Directors Decision no. 214 of 20.10.2017, registered under no. 91177 of 31.10.2017 at the Trade Register Office attached to Arges County Court, filed by ELECTROARGES S.A.

Accepts the application for registration in the Trade Register of the mentions regarding the administrators / authorized persons / legal representatives according to the ELECTROARGES S.A Board of Directors Decision no. 214 of 20.10.2017, registered under no. 91177 of 31.10.2017 at the Trade Register Office attached to Arges County Court, filed by ELECTROARGES S.A.

Orders petitioner VIDRARU S.A. to pay the respondent ELECTROARGES S.A. the amount of 16,581.75 lei, representing court costs, namely lawyer's fee.

3.

139/1259/2017

Pitesti Court of Appeal

Vidraru S.A. - Intervener     Electroarges S.A. - Defendant

Applications under Government Emergency Ordinance 116/2009 application for intervention against the application for registration in the Trade Register no. 27488/15.05.2017

 

 

05.03.2018

Appeal

 

 

Appeal settlement: Accepts the appeal. Changes the sentence in the sense that it dismisses the original application and the request for amendment as inadmissible. Final

4.

441/1259/2017

Arges Commercial Court

Vidraru S.A. and  Balac Gheorghe – Interveners Electroarges S.A. - Defendant

Applications under Government Emergency Ordinance 116/2009 application for intervention against the application for registration in the Trade Register of Elecgtroarges SA AGOA Decision. no. 103 dated 20.09.2017

10.05.2018

Merits

Settlement: Rejects the application for intervention submitted by petitioner Vgidraru SA and Balac Gheorghe against the application for registration of mentions no.85429/25.09.2017 on the Electroarges SA AGOA Decision no.103/20.09.2017. Orders the interveners to jointly pay the court expenses in the amount of 8,207.07 lei in favour of the respondent. With right of appeal within 15 days of communication. The decision was not communicated!

5

36/1259/2018

Pitesti

 Court of Appeal

Vidraru S.A. – Claimant

Electroarges S.A. – Defendant

Suspension of A.G.A. decision suspension of Electroarges S.A. A.G.E.A. Decision no.104/11.12.2017

Settlement procedure

Appeal

Settlement: Accepts the petition. Suspends the enforcement of Electroarges SA  Extraordinary General Meeting  Decision no. 104 / 11.12.2017 pending the final settlement in case 35/1259/2018. Provisional and enforceable decision. With appeal only within 5 days of pronouncement, the appeal to be filed with the Arges Specialized Court

6

35/1259/2018

Arges Specialized Court

Vidraru S.A. – Claimant

Electroarges S.A. – Defendant

Action for annulment of the AGA decision appeal against the the absolute nullity of the Electroarges S.A. A.G.E.A. Decision no.104 of 11.12.2017

31.05.2018

Merits

Pending

7.

587/1259/2017

Arges Specialized Court

Vidraru S.A. – Intervener

Debrocons S.A. – Intervener

Amattis - Interveners

Balac Gheorghe – Intervener

 

Electroarges S.A. - Defendant

Applications under Government Emergency Ordinance  116/2009 for intervention against Electroarges SA A.G.E.A.  Decision of 11.12.2017

16.05.2018

Merits

Rejects the request for case suspension submitted by Vidraru S.A. Sets hearing on 16.05.2018

8.

13/1259/2018

Arges Specialized Court

Ammatis S.A. - Intervener                     Electroarges S.A. - Defendant

Applications under Government Emergency Ordinance  116/2009 for intervention against the application for submission and mention in the Trade Register of Electroarges SA Board of Directors Decision no. 214 / 20.10.2017

05.03.2018

Merits

Holds that the company AMATTIS S.A. quit the request for intervention, as it was stated, submitted at the request of mentioning in the Trade Register of the ELECTROARGES S.A Board of Directors decision no. 214 dated 20.10.2017, registered under no. 2332 of 15 January 2018 in the Trade Register Office of the Arges Tribunal, filed by ELECTROARGES S.A.  With the right of appeal within 30 days of communication.

9

8734/109/2017

Arges County Court

Zmadu Simona Valentina – Objector

 Electroarges S.A. - Respondent

 

Appeal against Dismissal DECISION NO. 138/20.11.2017

21.05.2018

Merits

Pending

 

 

 

10

 

 

 

20/109/2018

 

 

 

Arges County Court

 

 

 

Bobeanu Fanel – Objector

Electroarges S.A. - Respondent

 

 

 

Appeal against Dismissal DECISION NO. 139/20.11.2017

 

 

 

17.05.2018

 

 

 

Merits

 

 

 

Pending

11

33/109/2018

Arges County Court

Ghita Larisa Elena – Objector

Electroarges S.A. - Respondent

Appeal against Dismissal DECISION NO. 137/20.11.2017

17.05.2018

Merits

Pending

12

2173/109/2018

Arges County Court

Straut Eligia – Objector

Electroarges S.A. - Respondent

Appeal against Dismissal DECISION NO. 38/22.02.2018

 

Settlement procedure

 

Merits

Pending

13

1347/109/2018

Arges County Court

Preoteasa Mariana – Objector

 

Electroarges S.A. - Respondent

Appeal against Dismissal DECISION NO. 15/17.01.2018

 

Settlement procedure

 

Merits

Pending

14

1346/109/2018

Arges County Court

Preoteasa Dorin Valentin – Objector

 

Electroarges S.A. - Respondent

Appeal against Dismissal DECISION NO.25/02.02.2018

 

Settlement procedure

 

Merits

 

 

 

Pending

15

923/109/2017

Arges County Court

Electroarges Union (for 7 persons) – Claimant                                Electroarges S.A. - Defendant

Money Rights

30.01.2018

Merits

 

Accepts the action submitted and specified. Orders the defendant to pay each claimant - trade union member a sum of 700 lei, representing a share of the net profit realized by the defendant company in the financial year 2015. Orders the defendant to pay the claimants 2,000 lei in court costs. Provisional enforceable decision by law.  With the right of appeal within 10 days of communication.  

16

2349/97/2009

Hunedoara County Court

Comteh Prodimpex SRL PETROSANI – Debtor                                          Electroarges S.A. - Creditor

Insolvency procedure

17.05.2018

Merits

Pending

17

317/107/2010

Alba County Court

Tass Group – Debtor               Electroarges S.A. - Creditor

Insolvency procedure

04.09.2018

Merits

Pending

18

2586/216/2017

Curtea de Arges

Court of Justice

S.C.P.A. "TRIPSA SI NEGRU" – Respondent  Electroarges S.A. - Objector

Appeal against enforcement in enforcement case no. 134/E/2017

23.03.2018

Merits

Accepts the contestation of the appeal filed by the objector  Societatea Civila Profesionala "Tripsa and Negru’’ against the respondent ELECTROARGES S.A. Orders the respondent  to pay the court expenses in the amount of 1327,09 lei, to the objectror Societatea Civila Profesionala "Tripsa and Negru". With right of appeal within 10 days of communication

19

5277/211/2018

Cluj Napoca Court of Justice

Carbochim S.A. – Debtor                   Electroarges S.A. - Creditor

Claims

29.05.2018

Merits

Accepts the exception of the material lack of jurisdiction of the Cluj Specialized Court, invoked ex officio. Dismisses the competence to settle the civil action brought by the claimant E. SA against the defendant C. SA CLUJ in favor of the Cluj Napoca Court of Justice.

20

11182/63/2013

Dolj County Court

Celule Electrice – Debtor                       Electroarges S.A. - Creditor

Insolvency procedure

27.06.2018

Merits

Pending

21

2167/121/2015

Galati County Court

Unisales Distribution S.R.L. - Debtor      Electroarges S.A. - Creditor

Insolvency procedure

22.08.2018

Merits

Pending

22

2142/90/2014

Valcea County Court

Vilcart S.R.L. - Debtor                 Electroarges S.A. - Creditor

Insolvency procedure

19.09.2018

Merits

Pending

23

5277/211/2018

Cluj – Napoca Court of Justice

Carbochim S.A. – Defendant                 

 

Electroarges S.A. - Claimant

Claims

29.05.2018

Merits

Declined from Cluj Specialized Court

24

1395/2/2018

 

Bucuresti Court of Appeal

Environmental Fund Administration – Defendant

Electroarges - Claimant

Cancellation of Administrative Document Decision 84/07/06/2017

04.06.2018

Merits

Pending

25

337/1259/2014/a12

Pitesti

Court of Appeal

DGRFP Ploiesti – Administration for Medium Contributors

 - Respondent Claimant

AJFP Arges - Respondent Claimant

Financiar Urban S.R.L. – Respondent Claimant

Alprom S.A. – Respondent Defendant

 

Electroarges S.A. Defendant Petitioner

Request for clarification, correction of Decision no.

869 A-C

 Pronounced on  11.12.2017 by Pitesti Court of Appeal

17.05.2018

Appeal

Pending

26

127/1259/2018

Arges County Court

Unisales Distribution S.R.L. – claimant

Electroarges S.A. - defendant

Claims for payment of unpaid dividends and legal interest

 

Settlement procedure

Merits

Pending

                   

 

CHAIRMAN

BOARD OF DIRECTORS,

CONSTANTIN STEFAN

 

 



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