Market News


Changes in Company's management

Release Date: 7/31/2017 6:30:05 PM


No. 5667 / 31.07.2017


To:      Financial Supervisory Authority

            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: 31.07.2017

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: Current report regarding changes in Company’s management


The Board of Governors decided in the meeting of July 31, 2017 to designate Mr. Radu Hanga as interim member of the Board of Governors on the vacant position following the decease of Cristian Micu, thus finalizing the previously initiated procedure, according to the provisions of art. 137 index (2), par. (1) of Companies Law no. 31/1990, republished, subsequently amended and supplemented.

Mr. Radu Hanga will start to exercise the duties specific to this position after his individual validation by the Financial Supervisory Authority has been granted.


Following the request submitted by the shareholder European Bank for Reconstruction and Development, the process related to the definitive nomination of the member of the Board of Governors by the General Meeting of the Shareholders is to be accomplished in legal terms, as well as according to the request, and will be carried out independently of the designation of the interim member.


Ludwik Leszek Sobolewski



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