Market News


BURSA DE VALORI BUCURESTI SA - BVB

FSA Decision on change of the BVB market operator authorization

Release Date: 10/5/2017 6:26:59 PM

IRIS Code: AB630

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)

 

CURRENT REPORT

according to C.N.V.M. 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: 5 October 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: Change of the BVB market operator authorization following its share capital increase

 

BURSA DE VALORI BUCURESTI S.A. (hereinafter referred to as the "Company" or "BVB") hereby informs that

on October 5, 2017, received from the Financial Supervisory Authority ("ASF") the Authorization for changing of the BVB market operator license following its share capital increase from RON 76,741,980 to RON 80,492,460, as a result of the merger between BVB (absorbing company) and SIBEX-Sibiu Stock Exchange S.A. (SIBEX, absorbed company).

 

Please be informed that the final value of the share capital increase of the Company as a result of the merger by absorption with SIBEX, resulting from the implementation of the operations foreseen in the Merger Project and approved by the BVB Extraordinary General Meeting of Shareholders' Resolution no. 1 / April 12, 2017 and by the SIBEX Extraordinary General Meeting of Shareholders' Resolution no. 1 / April 20, 2017,  was approved by the BVB Board of Directors through the Decision no 45 of  May  30, 2017 (see current report of May 30, 2017).

 

Further on, the Company will take all the necessary steps to register the increase of the Company's share capital and the implementation of the merger through absorption with SIBEX at the Bucharest Trade Register Office.

 

Marius-Alin Barbu

Deputy CEO



 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