To: Financial Supervisory Authority No. 4130/May 30, 2017
Financial Instruments and Investments Sector
Fax: 021- 659.60.51
Bucharest Stock Exchange – Regulated market
Fax: 021- 256.92.76
From: Bursa de Valori Bucuresti S.A. (Bucharest Stock Exchange)
According to Regulation no. 1/2006 on issuers and operations with securities and Law no. 24/2017 on issuers of financial instruments and market operations
Report date: 30 May 2017
Name of the issuing company: BURSA DE VALORI BUCURESTI S.A.
Registered office: 34-36 Carol I Blvd, 13-14 floors, district 2, Bucharest
Phone/fax number: + 4 021/307.95.00, + 4 021/307.95.19
Sole Registration Code with the Trade Register Office: 17777754
Order Number in the Trade Register: J40/12328/2005
Share capital: RON 76,741,980
Regulated market on which the issued securities are traded: Bucharest Stock Exchange – Premium Tier (market symbol: BVB)
Important events to be reported: Decision of the Board of Governors of Bursa de Valori Bucuresti S.A. on establishing the final value of the share capital increase of B.V.B., following the merger by absorbtion between the Company and SIBEX – Sibiu Stock Exchange S.A.
The Board of Governors of Bursa de Valori Bucuresti S.A. (hereinafter referred to as “the Company” or “B.V.B.”), in the meeting held on May 30, 2017, adopted the decision to establish the final value of the share capital increase of B.V.B., as it results following the implementation of the operations mentioned in the Merger Project between the Company and SIBEX – Sibiu Stock Exchange S.A. (“SIBEX”) and approved through the resolution of the Extraordinary General Meeting of Shareholders no. 1/12.04.2017, as follows:
· B.V.B will issue a total no. of 375,048 new shares, with an individual nominal value of Lei 10, that are assigned to SIBEX shareholders;
· B.V.B. share capital will be raised from the initial value of Lei 76,741,980, representing a no. of 7,674,198 shares, with a nominal value of Lei 10, to the value of Lei 80,492,460, representing a no. of 8,049,246 shares with a nominal value of Lei 10.
For establishing the final number of B.V.B. shares issued as result of the merger and, implicitly, the final value of B.V.B. share capital, the Board of Governors performed also the following technical operations: (i) with the application of art. 250, para. (2) letter b) from the Companies Law, no BVB shares, that would have been allocated on account of SIBEX shares for which the withdrawal right has been exercised in line with Art. 134 from the Companies Law, were issued and (ii) rounding down operations were performed, so that each SIBEX shareholder to receive an integer number of shares.
The increase of the share capital of the Company shall be registered with the Bucharest Trade Register after the Financial Supervisory Authority approves this operation.