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S.N.T.G.N. TRANSGAZ S.A. - TGN

OGMS resolution 07.06.2018

Release Date: 6/7/2018 11:45:58 AM

IRIS Code: A01E8

 

CURRENT REPORT

according to the provisions of art. 122 of Law 24/2017

 

Date of report: 07 June 2018

Name of issuing entity: SNTGN TRANSGAZ SA

Headquarters: Medias, 1 Constantin I. Motas Square, Sibiu County

Telephone/fax number: 0269803333/0269839029

Tax identification code: RO 13068733

Trade Register number: J32/301/2000

Subscribed and paid-up capital: 117,738,440 RON

Regulated market on which issued securities are traded: Bucharest Stock Exchange.

 

REPORTED EVENTS:

According to the laws on reporting to the capital market institutions SNTGN TRANSGAZ SA notifies all shareholders and investors that the Ordinary General Meeting of the  Company’s Shareholders was held  on 7 June 2018 as convened, according to Art. 117 of Law 31/1990 on trading companies, republished as further amended and supplemented, and of Art. 16 of the updated Articles of Incorporation.

 

We hereby enclose Resolution No.4/07.06.2018 of the Ordinary General Meeting of the Shareholders of SNTGN Transgaz SA Medias.

RESOLUTION NO. 4 of the Ordinary General Meeting of the Shareholders of the National Gas Transmission Company TRANSGAZ S.A. Medias, as of 07 June 2018

The Ordinary General Meeting of the Shareholders of the National Gas Transmission Company TRANSGAZ S.A., open company, headquartered in Medias, 1 C.I. Motas Square, Sibiu County, registered with the Sibiu Trade Register Office under number J/32/301/2000, tax identification code RO13068733, convened under article 117 of Companies Law 31/1990 republished, as further amended and supplemented, and under article 16 of the updated Articles of Incorporation, adopts today, in the meeting held on 7 June 2018, at the first convening, at the headquarters of the National Gas Transmission Company TRANSGAZ S.A. of  Medias, 1 C. I. Motas Square, Sibiu County, the following:

RESOLUTION

Art.1. Does not approve the gross dividend per share in the amount of lei 25.22/share related to the financial year 2017, and of the date of 16 July 2018 as a pay-out initiation date.

Art.2. Approves the distribution of the net profit of the financial year 2017, amounting to 90%, as follows:

1. distribution of the net profit as follows:

- dividends due to shareholders                                     534,297,040.72 lei

- profit for the constitution of own financing sources       47,764,002.28 lei

2. Participation of employees to profit according to the provisions of art 141 of the Collective Labour Contract concluded within TRANSGAZ, in force, in the amount of 11,579,208.00 lei.

Art.3. Approves the gross dividend per share in the amount of 45.38 lei/share for the financial year 2017, the date of 16 July 2018 as a deadline for the dividend pay-out initiation.

Art.4. Sets the date of 26 June 2018 as registration date for the shareholders subject to the Resolution of the Ordinary General Meeting of the Shareholders.

Art. 5. Sets the date of 25 June 2018 as ex-date.

Art. 6. Sets the date of 16 July 2018 as payment date.

Art.7. Empowers Mr Nicolae Minea, as Chairman of the meeting, or his alternate, Mr. Iliescu Bogdan George, to sign the Resolution of the Ordinary General Meeting of the Shareholders, and Mr Grigore Tarsac, as Deputy Director-General of S.N.T.G.N. TRANSGAZ S.A., to sign the necessary documents for the registration and publication of the Resolution of the Ordinary General Meeting of the Shareholders at the Trade Register Office attached to Sibiu Law Court.

Chairman of the meeting

Nicolae Minea

 



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