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

Fri, 12/16/2016 - 10:36

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

By the Current Report issued as on November 24, 2016, Alro S.A. informed the shareholders and investors that in the matter lodged by Alro SA in the case file no. 3536/2/2016 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, the Court has decided to attach such lodged matter to the case file no. 954/2/2016.

In the case file no. 954/2/2016 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, on the hearing date of December 14, 2016 thecourt has postponed ruling on the plea of inadmissibility of the challenge against the Competition Council’s minute and has decided on a new hearing date for February 01, 2017 to continue the trial with the other aspects brought before the court.

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