Market News


BURSA DE VALORI BUCURESTI SA - BVB

Litigations

Release Date: 11/13/2018 11:15:10 AM

IRIS Code: 5E586

No. 4658/13.11.2018

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 Law no. 24/2017 on issuers of financial instruments and market operations and Regulation no. 5/2018 on issuers of financial instruments and market operations

 

Report date: November 13, 2018

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: Lei 80,492,460

Regulated market on which the issued securities are traded: Bucharest Stock Exchange – Premium Shares Tier (market symbol: BVB)

 

Important events to be reported: litigations involving the Company

 

No

File no.

Competent court

Object

Involved parties

Stage

1.

16733/302/2018

Bucharest Court – 5 district

Tort liability

Claimant: Radu Bugica

 

Defendants:

Autoritatea de Supraveghere Financiara

Bursa de Valori Bucuresti

Merits

On November 9th, the court:

- dismissed as groundless the plea filed by defendant Authority for Financial Supervision (Autoritatea de Supraveghere Financiara) concerning the absence of its legal standing to be sued;

- dismissed as groundless the plea filed by defendant Bursa de Valori Bucuresti concerning the extinctive prescription of plaintiff’s substantive right to action;

- dismissed as groundless the statement of claim, concerning the action for tort liability, filed by plaintiff Radu Bugica, against defendants Authority for Financial Supervision and Bursa de Valori Bucuresti;

- acknowledged the circumstance that the Authority for Financial Supervision did not request court costs and ordered plaintiff to pay RON 4,973.19 to defendant as court costs consisting in attorney’s fee.

Subject to appeal, within 30 days from service, to be filed with Sector 5 Bucharest District Court.

 

Adrian Tanase

CEO

 

 



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