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 Bucharest S

Fri, 11/25/2016 - 11:17

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

The company Alro S.A. hereby informs the shareholders and investors that in the matter of the case file no. 3536/2/2016 which is currently pending before the Bucharest Court of Appeal, whose subject-matter is the claim for the cancellation of the sanction decision no. 82/2015, issued by the Competition Council, on the date of November 23rd 2016, the court of law released the following brief resolution: “It admits the lis pendens exception and remits the case file to the Bench C30 Court of first instance to be enclosed to the case file no. 954/2/2016, with hearing on 14.12.2016. With appeal along with the first instance. Resolution delivered in open session, today, 23.11.2016.”

Mention is made that the information regarding the court resolution has been excerpted from the Court of Law web portal, as posted on the web site of Bucharest Court of Appeal. The Company paid the fine established by the Competition Council within the legal time-limit.

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

 

Marian-Daniel NĂSTASE Gheorghe DOBRA
Chairman of the Board of Directors Chief Executive Officer