Market News


Litigation before the Brasov Tribunal

Release Date: 1/8/2019 3:18:06 PM

IRIS Code: 75677

No. 258/08.01.2019

To: Bucharest Stock Exchange

Financial Supervisory Authority

- Financial Instruments and Investments Sector


According to Law no. 24/2017 and F.S.A. Regulation no. 5/2018

Report date: 08.01.2019

S.I.F. Transilvania S.A.

Headquarters: 2, Nicolae Iorga Street, Brasov 500057

Telephone: +40 268 415529, 416171; Fax: +40 268 473215, 473216

Tax registration code: RO3047687

Order number in the Trade Register: J08/3306/92

Registration number in the NSC Register: PJR 09 SIIR/080004

LEI Code (Legal Entity Identifier): 254900E2IL36VM93H128

Subscribed and paid-in share capital: RON 218,428,666.40

Regulated market on which the issued securities are traded: Bucharest Stock Exchange (ticker: SIF3)

Important event to be reported: Litigation before the Brasov Tribunal

In addition to the Current Reports nos. 3791/17.04.2018 and 3914/19.04.2018, S.I.F. Transilvania informs the shareholders and investors that, according to the information available on the court website, through the Civil Sentence 740/20.12.2018, pronounced in File 1334/62/2018, the Brasov Tribunal rejected the applications to intervene filed by Mr. Constantin Fratila and Alexa Business & Investments S.R.L. and accepted the application for submission and mention of acts no. 20465/12.04.2018 filed by S.I.F. Transilvania.

Please note that S.I.F. Transilvania’s application for the registration with the Trade Register Office attached to the Brasov Tribunal of the mentions which are subject of this file refers to the Resolution no. 1/05.04.2018 of the Supervisory Board regarding the revocation of Mr. Constantin Fratila from the position of Vice President of the Supervisory Board and the appointment of Mr. Dumitru Carapiti in such position.

Mihai Fercala

Executive President/CEO

Iulian Stan

Executive Vice President/Deputy CEO

Marcus Valeriu Marin

Compliance Office


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