Market News


Stage of a litigation

Release Date: 2/16/2017 5:24:12 PM

IRIS Code: 7869B

To:      Financial Supervisory Authority                                                                               No. 1290/16.02.2017

            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: 16 February 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: stage of a litigation involving the Company, in accordance with art. 113 letter A par. 1, item j) of Regulation No. 1/2006



File no.

Competent court


Involved parties




Bucharest Court

statement of claim/

retrial of file 60247/3/2011

Claimant: Departamentul pentru Privatizare si Administrarea Participatiilor Statului



- CONEF S.A.  

- Calinescu Razvan

- Nedelcu Mihail Ion

- Actiunea Romaneasca S.A.

- Bursa de Valori Bucuresti S.A.

- Depozitarul Central S.A.

By Decision no. 488/2017, The court:

- granted the  plea on the absence of the preliminary procedure of direct conciliation;

- granted the plea on lack of legal standing for use of defendants Nedelcu Mihai – Ion and Actiunea Romaneasca SA;

- granted the plea on lack of legal standing as defendants for defendants Actiunea Romaneasca SA, Bursa de Valori Bucuresti SA and Depozitarul Central SA;

- granted the plea on lack of trial mandatory co-participation as defendant;

Through the same above mentioned decision, the Court :

- dismissed the statement of claim.

- dismissed the motion to involve in the trial defendant Nedelcu Mihai – Ion’s heirs, submitted by the claimant;

- dismissed the plea on prescription of the substantial right to action;

The court’s decision is subject to appeal within 15 days from service.


Ludwik Sobolewski





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