Regulatory Alerts2024-03-05 | 12/5Added · Updated
On the Registration in the Register of Securities Issuers Pertaining to GAROFIȚA Joint Stock Company
The National Commission for Financial Market of Moldova issued Decision No. 12/5 on 5 March 2024 to formally register GAROFIȚA Joint Stock Company's restructuring of its prior securities issue and capital increase in the Register of Securities Issuers. The decision mandates increasing the nominal value of each ordinary named share from 1 leu to 4 lei and boosting total social capital by 502,044 lei from equity, resulting in a post-restructuring capital of 669,392 lei divided into 167,348 class I shares. This ruling takes effect upon adoption and remains subject to a 30-day appeal window through a prior application submitted directly to the Commission.
REPUBLIC OF MOLDOVA
NATIONAL COMMISSION FOR FINANCIAL MARKET
DECISION
5 March 2024
No. 12/5
On the Registration in the Register of Securities Issuers,
pertaining to GAROFIȚA Joint Stock Company
Following the examination of the application submitted by GAROFIȚA Joint Stock Company (16.02.2024) regarding the registration in the Register of Securities Issuers of the restructuring of its prior securities issue and the increase of social capital, as well as the related documents submitted in full volume on 20.02.2024, pursuant to Law no. 1134/1997 on Joint Stock Companies, art. 8 lit. m) and o), art. 20 para. (1) and art. 22 para. (3) of Law no. 192/1998 on the National Commission for Financial Market, Instruction no. 13/10/2018 on the stages, deadlines, method and procedures for securities registration (CNPF Decision no. 13/10/2018), pts. 16, 19 and 21 of the Regulation on the Organization and Functioning of the National Commission for Financial Market (CNPF Decision no. 57/11/2022),
The National Commission for Financial Market DECIDES:
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The restructuring of the prior securities issue placed by GAROFIȚA Joint Stock Company (IDNO 1003600017442, MD-2001, Chișinău city, Ștefan cel Mare și Sfânt Blvd. 6) is registered in the Register of Securities Issuers, by increasing the nominal value of a single ordinary named share from 1 leu to 4 lei, and increasing the social capital by 502,044 lei from equity. The company's social capital after restructuring and increase will amount to 669,392 lei, divided into 167,348 ordinary named shares of class I, with a nominal value per share of 4 lei and identification number MD14GROF1007.
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This Decision may be appealed by submitting a prior application to the CNPF (MD-2012, Chișinău city, Ștefan cel Mare și Sfânt Blvd. no. 77) within 30 days from the date of notification.
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This Decision enters into force on the adoption date, is communicated to the recipient in accordance with legislation, and is published in the Official Monitor of the Republic of Moldova and on the official website of the CNPF (www.cnpf.md).
Dumitru BUDIANSCHI,
CHAIRMAN
Ștefan cel Mare și Sfânt Blvd. no. 77, Chișinău city, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md