Market News


Information on the withdrawal price set by the independent expert

Release Date: 7/20/2017 7:52:49 PM

IRIS Code: 76021

No. 5429/July 20, 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. 24/2017 on issuers of financial instruments and market operations


Report date: 20 July 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: Information on the withdrawal price set by the independent expert


BURSA DE VALORI BUCURESTI S.A. (hereinafter referred to as the “Company” or “BVB”) hereby informs that, on 20 July 2017, received from CMF CONSULTING S.A. (“Expert”) the report on determining the withdrawal price  for redemption by BVB of the eligible shares defined at article 1.1 from the “Procedure for withdrawal of shareholders from Bursa de Valori Bucuresti S.A.” (published on the BVB website, at under Reference documents) (“Evaluation Report”).  The Expert was appointed by the Trade Registry Office as per art. 134 para. (4) of Company Law no. 31/1990, republished, as subsequently amended and with Art. 91 of the Law 24/2017 with regard to the issuers of financial instruments and market operations.


Thus, according to the stipulations of art 5.2 of the “Procedure for withdrawal of shareholders from Bursa de Valori Bucuresti S.A.”, the price established by the Expert and which will be paid to the shareholders of the Company who exercised their right to withdraw from the Company is 35. 6376 lei.


The Evaluation Report drawn up by CMF Consulting S.A. can be consulted at the BVB headquarters, in accordance with the provisions of the “Procedure for withdrawal of shareholders from Bursa de Valori Bucuresti S.A.”.


Ludwik Sobolewski



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