REPUBLIC OF MOLDOVA

NATIONAL FINANCIAL MARKET COMMISSION

DECISION

April 15, 2024 No. 19/4

On the approval of revaluation acts for shares held by the fiduciary administrator CF „BV Fiduciar Invest” SA

On April 8, 2024, the fiduciary administrator CF „BV Fiduciar Invest” SA submitted the revaluation acts for client assets under fiduciary administration (approved at the liquidation commission meeting on April 8, 2024).
Based on Article 1(3) and (4), Article 146¹ of Law No. 171/2012 on the capital market (Law No. 171/2012), Article 8(b), Article 20(1) and Article 22(3) of Law No. 192/1998 on the National Financial Market Commission, point 8 subpoint 2), points 24–27 of the Regulation on the procedure for terminating fiduciary investment administration activities (CNPF Decision No. 40/4/2018), points 16 and 19 of the Regulation on the organization and functioning of the National Financial Market Commission (CNPF Decision No. 57/11/2022),

The National Financial Market Commission DECIDES:

1. The sale price according to the valuation act for shares held by the fiduciary administrator CF „BV Fiduciar Invest” SA is approved, which shall be offered for sale in the manner established by Article 146¹(2) of Law No. 171/2012 (Annex No. 1).
2. The offering for sale without announcement of the initial price (at the highest price proposed by the buyer) of shares held by the fiduciary administrator CF „BV Fiduciar Invest” SA is approved, in the manner established by Article 146¹(2) and (4) of Law No. 171/2012 (Annex No. 2).
3. This Decision may be appealed by filing a prior request with the CNPF (MD-2012, Chisinau city, Stefan cel Mare si Sfant Blvd., No. 77), within 30 days from the date of notification.
4. This Decision enters into force on the date of adoption, is communicated to the recipient in accordance with legislation, and is published on the official CNPF website (www.cnpf.md).

Dumitru BUDIANSCHI,
PRESIDENT

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Stefan cel Mare si Sfant Blvd., No. 77, Chisinau city, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md

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Annex No. 1

to CNPF Decision No. 19/4 of April 15, 2024

Valuation of shares held by the fiduciary administrator „BV Fiduciar Invest” SA, for which the preemption right established in Article 25(3) of Law No. 135/2007 on limited liability companies shall be respected

No.	Limited Liability Company Name	Address	IDNO	Share capital, MDL	Sale price of the share, MDL	Evaluated price of the share, MDL	Price movement %	Share held %	Number of clients	Net assets at the time of setting the sale price, MDL	Period
1.	LLC „ARC-2”	Chisinau city, P. Rareș st. 36	1003600107204	52,086	147	132	10	0.4	7	197,316	Q4, 2007
2.	LLC „Cafeneaua Prichindel și CO” (in liquidation)	Chisinau city, Ștefan cel Mare st. 71	1002600038651	139,482	8,258	7,432	10	0.41	72	10,868,414	2015
3.	LLC „Tip Ciad”	Ceadâr-Lunga city, M. Lomonosov st. 8	1003611150301	533,151	1,006	956	5	0.25	6	2,298,900	2022
4.	LLC „Carenius”	Chisinau city, O. Goga st. 7	1002600020159	150,703	34,915	33,169	5	4.42	-	3,431,900	2022
5.	LLC „Zambile”	Chisinau city, Uzinelor st. 6	29510017	80,105	21,171	19,054	10	96	658	119,010	Q2, 2003

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Annex No. 2

to CNPF Decision No. 19/4 of April 15, 2024

Shares held by the fiduciary administrator „BV Fiduciar Invest” SA, for which the preemption right established in Article 25(3) of Law No. 135/2007 on limited liability companies shall be respected, without announcement of the initial price (at the highest price proposed by the buyer)

No.	Limited Liability Company Name	Address	IDNO	Share capital, MDL	Last sale price of the share, MDL	Initial sale value of the share, MDL	Share held %	Number of clients	Net assets at the time of setting the sale price, MDL	Period
1.	LLC „Almel & Compania”	Chisinau city, M. Costin st. 25	1003600154253	26,475	1,386	14,988	80.25	2,358	18,676	2015
2.	LLC „Zodiac și Compania”	Chisinau city, M. Costin st. 25	1003600154172	27,918	1,385	14,962	80	946	18,702	Q4, 2005
3.	LLC „Gogosa Com”	Chisinau city, Sarmizegetusa st. 12	15699012	82,629	4,196	45,363	80	3,568	56,704	Q4, 2005
4.	LLC „Livada Aurie & CO”	Chisinau city, M. Costin st. 25	1003600154183	54,256	2,614	28,261	80	1,996	35,326	Q4, 2005
5.	LLC „Cornul Belșigului & Co”	Chisinau city, Sarmizegetusa st. 12	1003600154208	209,060	10,477	113,271	80	4,056	141,589	2014