Alro S A : Change of majority shareholder without a change of control of the issuer according to art. 234 para. (1) let. f) of the Regulation no. 5/2018 on issuers of financial instruments and market operations
November 25, 2021 at 03:00 pm EST
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Thu, 11/25/2021 - 21:48
Significant event to be reported: Change of majority shareholder without a change of control of the issuer according to art. 234 para. (1) let. f) of the Regulation no. 5/2018 on issuers of financial instruments and market operations
Please be informed that Vimetco N.V., majority shareholder of ALRO S.A., decided to transfer a number of 386,795,344 shares issued by ALRO S.A. and held by Vimetco N.V., representing 54.1898% of the share capital of ALRO S.A., to the company Vimetco PLC, a private limited liability company incorporated under the laws of Cyprus, with its place of business at 1 Poseidonos, Ledra Business Centre, Egkomi, 2406, Nicosia, Cyprus, registered with the Registrar of Companies under number HE42485 (99.998% held by Vimetco N.V. before the transfer). The transfer of shares held by Vimetco N.V. in ALRO S.A. was made by means of an in-kind contribution to the share capital of Vimetco PLC, in exchange of which Vimetco N.V. received a number of new shares issued by Vimetco PLC. Having in consideration that, following the contribution to the share capital, Vimetco N.V. holds 99.999% of the share capital of Vimetco PLC, the transfer of shares between Vimetco N.V. and Vimetco PLC does not represent a change in control over the issuer or a change in the control of the entity that has control over the issuer, according to art. 234 para. (1) let. f) of the Regulation no. 5/2018 on issuers of financial instruments and market operations.
We are attaching to the report the relevant notifications received.
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Alro SA published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 19:59:04 UTC.
Alro SA is a Romania-based company engaged in the manufacture of aluminum. The Companyâs portfolio includes primary aluminum products, such as wire rod, billets, slabs, foundry alloys and ingots, as well as processed aluminum products, such as aluminum plates from soft, medium and hard alloys, including non heat-treated plates and heat-treated plates, sheets, coils, tread plates, embossed sheets and coils, corrugated and heat treated sheets and extrusions. Through its subsidiaries, the Company is also involved in the production of alumina and in the bauxite mining. The Company operates four main production units, including anode facility, electrolytic facility, cast house and processing plant, as well as ancillary and service units, such as electric current transformation and rectification unit, the metallurgical repairs unit, and the pot and furnace repair unit, among others. As of June 30, 2011, the Companyâs subsidiaries included Alum SA, Conef SA and Vimetco Extrusion Srl.
Alro S A : Change of majority shareholder without a change of control of the issuer according to art. 234 para. (1) let. f) of the Regulation no. 5/2018 on issuers of financial instruments and market operations
ALRO S.A. 
