If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Monday, April 22, 2019 
Market Status: OPEN
About us and Governance Investor Relations Contact
Advanced search

Market News


TRANSILVANIA CONSTRUCTII SA - COTR

Main activity object change

Release Date: 2/5/2019 6:30:05 PM

IRIS Code: B79A8

CURRENT REPORT

 

AS PER 02/05/2019

 

SC TRANSILVANIA CONSTRUCTII SA

47 Taietura Turcului Street, 3rd floor,  Cluj-Napoca

Market where securities are traded: Bucharest Stock Exchange category: standard

 

Tax code: RO 199044

Subscribed and paid up share capital: RON 26,391,783

Reg. no. with the Trade Register: J12/8/1991

 

 

 

MAIN OBJECT of ACTIVITY CHANGE

 

UNDERSIGNED  TRANSILVANIA CONSTRUCTII SA, registered with the Trade Register number J12/8/1991, Tax Code: 199044, subscribed and paid up share capital: RON 26,391,783, with headquarters in Cluj Napoca, 47 Taietura Turcului street, 3rd floor, legally represented by Mr. Timofte Andrei Iancu-General Manager hereby informs investors that:

- starting with 01/23/2019, following the Decision of the Board of Directors no.2 / 01/21/2019 the main activity of the Company is "Renting and sub-leasing of own or rented real estate" - CAEN code 6820.

         The Board of Directors decided to change the main activity of the company (which had previously been "Construction of residential and non-residential buildings" - CAEN code 4120) because, starting with 2012, the real estate activity of the company constituted the majority share in the Company's  Turnover.     

At present, company earnings from real estate rental activity accounts for 97% of the Turnover.

The Trade Register Office of Cluj issued Resolution no. 2445 / 01/23/2019, and  the Registered Certificate of Mentions 10740 / 01/22/ 2019, which allowed the modification of the constitutive act of the company, in the sense of changing the main object of activity as well as publishing in Official Monitor of Romania, of part IV from the Board of Directors Decision no. 2 /01/21/2019.

We state that, in accordance with the provisions of article 134 (1) letter a) of Law 31/1990 ,  the shareholders that do not agree with the Decision of the Board of Directors through which the main object of activity has been changed, have the right of withdraw from the company and to solicit the buying back of their shares by the company.

 

The right of withdrawal can be exercised within 30 days from the date of publication of the Decision of the Board of Administration in the Official Monitor of Romania part IV.

 

 

General Manager

Timofte Andrei Iancu

 



 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