Regulatory Alerts2024-02-19 | 9/7Added · Updated
On the Registration in the Register of Securities Issuers Pertaining to MONTORUL Joint Stock Company
The National Commission for Financial Market of Moldova issued Decision No. 9/7 on February 19, 2024, to formally register MONTORUL Joint Stock Company's restructuring of its prior securities issue and capital increase in the Register of Securities Issuers. The ruling mandates increasing the nominal value of each ordinary named share from 10 to 25 lei and boosting total social capital by 421,470 lei from equity, resulting in a post-restructuring capital of 702,450 lei divided into 28,098 shares. The decision takes effect upon adoption and remains subject to a 30-day appeal window, with publication mandated in the Official Monitor and on the Commission's official website.
REPUBLIC OF MOLDOVA
NATIONAL COMMISSION FOR FINANCIAL MARKET
DECISION
19 February 2024
No. 9/7
On the Registration in the Register of Securities Issuers Pertaining to MONTORUL Joint Stock Company
Following the examination of the application submitted by MONTORUL Joint Stock Company (10.01.2024) 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 accompanying documents presented in full volume on 05.02.2024,
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 regarding 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 MONTORUL Joint Stock Company (IDNO 1003600086109, MD-2002, Chisinau city, Muncesti str. 105/1) is registered in the Register of Securities Issuers, by increasing the nominal value of one ordinary named share from 10 lei to 25 lei, and increasing the social capital by 421,470 lei from equity. The company's social capital after restructuring and increase will amount to 702,450 lei, divided into 28,098 ordinary named shares, with a nominal value of 25 lei per share and identification number MD14ONTO1005.
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This Decision may be appealed by submitting a prior application to the CNPF (MD-2012, Chisinau city, Stefan cel Mare si Sfant 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,
PRESIDENT
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