Regulatory Alerts2024-06-04 | 27/7Added · Updated
On the Registration in the Register of Securities Issuers Related to TERRA-LIG Joint Stock Company
The National Commission of the Financial Market issued Decision No. 27/7 on 4 June 2024 to formally register TERRA-LIG Joint Stock Company's restructuring of prior securities issuances and its capital increase in the Register of Securities Issuers. The ruling mandates increasing the nominal value of each ordinary named share from 1 to 18 lei and boosting total social capital by 579,700 lei to reach 613,800 lei across 34,100 shares. The decision enters into force immediately upon adoption and remains subject to a 30-day appeal window via prior application submitted directly to the Commission.
REPUBLIC OF MOLDOVA
NATIONAL COMMISSION OF THE FINANCIAL MARKET
DECISION
4 June 2024
No. 27/7
On the Registration in
the Register of Securities Issuers,
related to TERRA-LIG Joint Stock Company
Following the examination of the application submitted by TERRA-LIG Joint Stock Company (23.05.2024) regarding the registration in the Register of Securities Issuers of the restructuring of prior securities issuances and the increase of social capital, as well as the related documents presented in full volume on 29.05.2024,
under the provisions of Law no. 1134/1997 on joint stock companies, art. 8 lit. m) and lit. o),
art. 20 alin. (1) and art. 22 alin. (3) of Law no. 192/1998 on the National Commission of the Financial Market, Instruction no. 13/10/2018 on the stages, deadlines, method and procedures for securities registration (CNPF Decision no. 13/10/2018), pct. 16, pct. 19 and pct. 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:
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The restructuring of prior securities issuances placed by TERRA-LIG Joint Stock Company (IDNO 1002600043912, MD-2069, Chisinau city, Mesager str. 4) is registered in the Register of Securities Issuers, by increasing the nominal value of one ordinary named share from 1 leu to 18 lei, and increasing the social capital by 579,700 lei from equity. The company's social capital after restructuring and increase will amount to 613,800 lei, divided into 34,100 ordinary named shares, with a nominal value of 18 lei per share and identification number MD14TLIG1005.
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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).
D. BUDI
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