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GHEORGHE IORGOVEANU (Translated by Cosmin Ghidoveanu) >The case of the rejection by the Financial Oversight Authority of the public tender offer for the majority block of shares is far from over. Especially since for today are scheduled to happen the General Ordinary Shareholder Meeting and the General Extraordinary Shareholder Meeting of Electroargeş SA. Some of the items on the agenda also include the election of a new Board of Directors, as well as of the new chairman of the Board of Directors of the company. Because, by the deadline - April 21st, 2021 15:00, no other bids had been made save those submitted by the management of Electroargeş SA, it seems the only option for shareholders is to keep Constantin Ştefan as chairman of the Board of Directors.

Romania generalCristian gheorghePreluarea electroargeD cristian gheorgheSebastian boduBucharest stock exchangeEuropean unionEuropean commissionBran oilHigh courtFinancial oversight authorityGeneral ordinary shareholder meetingGeneral extraordinary shareholder meetingBenjamins unitedExtraordinary general shareholder meetingInvestments constantin