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Wednesday, May 24, 2017 
Market Status: CLOSE
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Listing requirements

In order to be admitted to trading on the Regulated Market, all financial instruments have to be registered with the Romanian Financial Supervisory Authority (FSA), transferable, issued in a dematerialized form, fully paid and registered into an account. Shares must belong to the same class.

Requirements for admission to trading on the Regulated Market

Premium Standard
Free float ≥ EUR 40 mn* ≥ 25%**
Shareholders equity for the last financial year or anticipated capitalization n/a ≥ EUR 1mn

* If the free- float requirement is not met, an issuer may seek admission in Premium Category, shares, if there is a signed contract with a market maker to support the market liquidity of shares issued or if there is at least one registered market maker for the respective shares.

** The condition may be not met if BVB considers that normal market operations can be performed with a smaller percentage of the free - float, or if the shares are distributed to the public through trades done through BVB.

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