Major Shareholding Notification • Oct 25, 2017
Major Shareholding Notification
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SINTEZA S.A. Sos. Borsului no. 35 410605 ORADEA - ROMANIA
Tel: 0259 444 969 Fax: 0259 462 224 e-mail: sinteza@ sinteza. ro www.sinteza.ro
VAT Reg.No.: RO 67329 Reg.No.at Commerce Register: J.05/197/1991
BANK: BANCA TRANSILVANIA ORADEA IBAN EURO:RO61BTRL00504202N98396XX SWIFT CODE: BTRL RO22XXX BANK: EXIM BANK ORADEA IBAN EURO:RO05EXIM109000019389EU01 SWIFT CODE: EXIMROBU
REPORT ADDRESSEE: BUCHAREST STOCK EXCHANGE
A.S.F.(NATIONAL SECURITIES COMMISSION)
At the meeting of the Board of SC Sinteza SA dated 23.10.2017, the Board approved the signing of the sale-purchase promise of the asset located in Borsului str. 19D, Oradea, owned by SC Sinteza S.A. It is estimated that the transfer of the property will be made on March 31, 2018, for the amount of 650,000 Euro.
The transaction will represent a substantial asset disposal, exceeding 10% of the net turnover of Sinteza SA's latest annual financial statements, and will have a positive effect on the financial result and the cash flow for the year 2018.
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