Ref: Current report as per art.113 item A letter j) of the National Securities Commission’s Regulation no.1/2006 on the issuers of and operations with securities, as subsequently amended and completed, as well as per the provisions of art.99 of the Buchar

Tue, 06/06/2017 - 08:29

Significant events to be reported: Information on the status of the civil action lodged by ALRO S.A. against the Competition Council concerning the former’s claim for the cancellation of the Sanction decision no. 82/2015 issued by the Competition Council

In the case file 954/2/2016 pending before the Bucharest Court of Appeal, whose object-matter is both the claim for the cancellation of an administrative document – i.e. the sanction report, as well as the claim for the cancellation of the sanction decision no.82/2015 issued by the Competition Council, following the attachment of the case file 3536/2/2016, certain supporting evidence requested by the parties was discussed and admitted.

Regarding the request Alro request an opinion from the European Commission, the court rejected this request.

On the hearing date of May 31, 2017, due to lack of the technical expertise into the court file, the court deferred the judgement of the case. The court ordered that a letter to be resent to the expert for performing the expertise. The next hearing date was established for September 13, 2017.

As concerns the status of the above case file, Alro S.A. will inform the general public and the investors in due course.

                        Chairman of the Board of Directors                                               Managing Director

                                Marian Daniel Nastase                                                             Gheorghe Dobra