Market News


Contestation of FSA Decisions issued following the periodic inspection at BVB

Release Date: 3/17/2017 6:45:05 PM

IRIS Code: 79726

No. 2246/March 17, 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 C.N.V.M. Regulation no. 1/2006 on issuers and operations with securities and Law no. 297/2004 on capital market

Report date: 17 March 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 Shares Tier (market symbol: BVB)


Important events to be reported: Contestation against the FSA Decisions issued following the periodic inspection carried out at the Company



BURSA DE VALORI BUCURESTI S.A. (hereinafter the "Company" or “BVB”) hereby informs the public that, on March 17, 2017, the Company submitted at FSA the contestations against the Decisions no. 235/ February 15, 2017 and no. 238 /February 15, 2017 issued by the Financial Supervisory Authority following the periodic inspection carried out at the Company, respectively regarding the imposition for BVB to implement a plan of remedy measures and the sanctioning of BVB with notice, requesting the revocation of the decision containing the notice and partial revocation of the decision containing certain measures, pointing out to the lack of legal and regulatory grounds of the contested decisions.


Ludwik Sobolewski





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