Regulatory Alerts2024-04-01 | 17/7Added · Updated
On the Approval of the Prospectus for the Voluntary Takeover Offer of Shares Issued by DOTARCOM Joint Stock Company
The National Commission of the Financial Market (CNPF) issued Decision No. 17/7 on 1 April 2024 to approve the prospectus for a voluntary takeover offer initiated by S.C. “PREMIUM PROFIL” SRL to acquire 490 ordinary registered shares of DOTARCOM Joint Stock Company at 55.56 lei per share over a 15-day period. The decision is grounded in Moldova’s capital market legislation and the CNPF’s organizational regulations, confirming the complete submission of required documents. It enters into force upon adoption and remains subject to a 30-day appeal window through a prior request filed directly with the Commission.
REPUBLIC OF MOLDOVA
NATIONAL COMMISSION OF THE FINANCIAL MARKET
DECISION
1 April 2024
No. 17/7
On the Approval of the Prospectus for the Voluntary Takeover Offer of Shares Issued by DOTARCOM Joint Stock Company
Following the examination of the application submitted by the offeror S.C. “PREMIUM PROFIL” SRL (registered with the National Commission of the Financial Market (CNPF) under No. 1917 on 14.03.2024) regarding the approval of the prospectus for the voluntary takeover offer of shares issued by DOTARCOM Joint Stock Company, as well as the accompanying documents presented in full volume on 26.03.2024,
under the authority of Article 8 letter k), Article 20 paragraph (1) and Article 22 paragraph (3) of Law No. 192/1998 on the National Commission of the Financial Market, Article 20 paragraph (1) letter a) and Article 24 paragraph (4) of Law No. 171/2012 on the capital market, the Regulation on Public Takeover Offers (CNPF Decision No. 33/1/2015), item 16, item 19 and item 21 of the Regulation on the Organization and Functioning of the National Commission of the Financial Market (CNPF Decision No. 57/11/2022),
The National Commission of the Financial Market DECIDES:
- The prospectus for the voluntary takeover offer initiated by the offeror S.C. “PREMIUM PROFIL” SRL is approved, the subject of which consists in the acquisition of 490 ordinary registered shares issued by DOTARCOM Joint Stock Company (IDNO 1003600115854, MD-2004, Chisinau city, Columna Street 170), at the price of 55.56 lei per share, with a duration of 15 days from the date of initiation.
- This Decision may be appealed by filing a prior request with the CNPF (MD-2012, Chisinau city, Stefan cel Mare si Sfant Boulevard No. 77), within 30 days from the date of notification.
- This Decision enters into force on the date of adoption, is communicated to the recipient in accordance with legislation, is published in the Official Monitor of the Republic of Moldova and on the official website of CNPF (www.cnpf.md).
Dumitru BUDIANSCHI,
PRESIDENT
Stefan cel Mare si Sfant Boulevard No. 77, Chisinau city, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md