Market News


BIOFARM S.A. - BIO

Litigations

Release Date: 12/27/2021 11:09:30 AM

IRIS Code: 783E1

Biofarm output number: 457/27.12.2021

 

CURRENT REPORT

according to the F.S.A. Regulation No. 5/2018

Date of the report: 27.12.2021

Name of the Commercial company: BIOFARM S.A.

Registered office: Bucharest, str. Logofatul Tautu, nr. 99, sector 3

Telephone No.: 021/301.06.87

Fax No.: 021/316.52.48

Website: www.biofarm.ro

Unique registration code: RO 341563

Order No. with the Trade Register: J40/199/1991

Fully paid-up share capital: lei 98,537,535

Market on which company securities are traded – Bucharest Stock Exchange, BIO symbol

          

Important events to report:

 

Disputes in which the company is involved

The Board of Directors of BIOFARM S.A. informs the shareholders regarding the disputes below with hearings in December 2021:

  

 

FILE NO.

PARTIES

COURT

STAGE

OBJECT

REMARKS

 

 

CURRENT TRIAL DATE

 

NEXT TRIAL DATE

1

30962/3/2016

 

 

 

 

 

 

 

 

 

Romvent Engineering - Debtor

 

Biofarm – Creditor

 

 

 

 

Court of Law of Bucharest Municipality

 

 

 

 

 

 

 

Merits

 

 

 

 

 

 

 

 

 

Insolvency proceedings

 

 

 

 

 

 

 

 

Biofarm S.A. is registered in the debtor‘s list of creditors with the amount of lei 1.167.346, being an unsecured creditor.

 

 

 

 

 

 

At the trial date of 02.12.2021, the court postponed the case until 24.02.2022 for the continuation of the procedure.

24-02-2022

2

3278/62/2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sanosan Pharmaceuticals S.R.L.- Debtor

 

Biofarm – Creditor

 

 

 

 

 

 

 

 

 

 

Brasov Court of Law

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Merits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insolvency proceedings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Biofarm S.A. requested the opening of the insolvency procedure against the debtor Sanosan Pharmaceuticals, in the file 1484/62/2020, asking for the registration in the table of creditors with the amount of 8,066,750.88 lei (main debit and delay penalties). As the debtor also filed for insolvency, the court ordered the connection of the file 1484/62/2020 to the main application (considering Biofarm’s application as a declaration of registration as a creditor), which forms the object of the file 3278/62/2020 on the role of Brasov Court of Law.

 

At the trial date of 09.12.2021, the court postponed the ruling for 16.12.2021.

At the trial date of 16.12.2021, the court accepted the request of the judicial administrator, opening the general bankruptcy procedure against the debtor Sanosan Pharmaceuticals S.R.L.

The court postponed the case for March 28, 2022.

28-03-2022

 

B.D. CHAIRMAN                  

HREBENCIUC Andrei 

 



 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