Market News


OLTCHIM S.A. RM. VALCEA - OLT

Completion sale asset Ramplast Construction Materials Division

Release Date: 6/14/2018 2:57:29 PM

IRIS Code: 6578B

Registration no:6645/14.06.2018

To:

Bucharest Stock Exchange

Financial Supervisory Authority

Financial Instruments and Investors Sector

 

Current report according to the provisions of Law no. 24/2017 on Issuers of Financial Instruments and Market Operations

Date of report: June 14, 2018

Name of the company: Oltchim S.A. Rm. Valcea

Registered office: Rm. Valcea, 1 Uzinei Street

Fax number: 0250/735030/736188

Phone number: 0250/701200

Unique Registration Code:RO1475261

Trade Register Number: J38/219/1991

The European Unique Identifier (EUID): ROONRCJ38/219/1991

Legal Entity Identifier (LEI): 254900KXPD2OOC2LLX56

Subscribed and paid up capital: 34,321,138.30 lei

Regulated market on which the issued shares are traded: BSE, market symbol OLT

Event to be reported:

Completion of the transaction regarding sale of asset Ramplast Construction Materials Division

The company informs shareholders and investors that the transaction for the sale of the Ramplast Building Materials Division has been completed.

On June 12, 2018, the sale contract concluded between Oltchim SA, as the seller and Dynamic Selling Group SRL, as the buyer, was signed, and on June 13 this year the transaction price of 12,111,320 lei, was fully received,  VAT excluded.

 

Legal  Administrator

ROMINSOLV SPRL

 

Legal  Administrator

BDO BUSINESS RESTRUCTURING SPRL       

 

 Special Administrator

 Bogdan Stanescu

Deputy General Director

Victor Avram

 

 

Economic Director

Alin Smeu

 

 

 



 Print

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