Legal Proceedings Report • Aug 27, 2021
Legal Proceedings Report
Open in ViewerOpens in native device viewer
To: The Financial Regulating Authority No. 65/27.08.2021 Bucharest Stock Exchange
Date of report: August 27th, 2021 Name of issuer: Alro S.A. Headquarters: Slatina, 116 Pitesti Street, Olt County Telephone/ fax number: +40 249 431 901 / +40 249 437 500 Sole registration number at the Trade Register Office: RO 1515374 Trade Register Number: J28/8/1991 The European Unique Identifier (EUID): ROONRCJ28/8/1991 Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98 Subscribed and paid-in share capital: 356,889,567.5 RON Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Category (market symbol: ALR)
Ref: Current report as per article no. 234 letter (l) paragraph 1 of Regulation no.5/2018 of FSA regarding the Issuers of Financial Instrument and Market Operations, as well as per the provisions of art. 99 of the Bucharest Stock Exchange, Tier II, Issuers and Financial Instruments
Significant event 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 file no.954/2/2016 concerning the application for annulment of the administrative act sanction imposing minute and the application for annulment the sanction decision no.82/2015, issued by the Competition Council, as per the attached file no.3536/2/2016, the Court of Appeal Bucharest, at the hearing held on December 30th, 2019 dismissed as inadmissible the application for annulment of the draft minute of deliberations as of December 24th, 2015 of the Competition Council Plenary, and dismissed as unfounded the amended application for annulment of the Decision of the Competition Council Plenary no. 82/24.12.2015. With appeal within 15 days from the communication.
On August 26th2021, the Court of Appeal Bucharest communicated the Civil Decision no. 2677 / 30.12.2019, reason for which Alro will waive the appeal having as object the tergiversation of the process in the file number 4582/2/2021 with the trial date September 29th , 2021. Alro will appeal against the Civil Decision no. 2677/30.12.2019 within 15 days from the communication.
Regarding the status of the file no. 954/2/2016, Alro S.A. will inform the general public and the investors in a timely manner.
Chairman of the Board of Directors Managing Director Marian Daniel Năstase Gheorghe Dobra
Alro S.A. Strada Pitești, nr. 116 Telefon: +(40) 0249 431 901 [email protected] Slatina, România Fax: +(40) 0249 437 500 www.alro.ro
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.