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RESOLUTION OF THE NATIONAL COMMISSION ON THE FINANCIAL MARKET OF THE REPUBLIC OF MOLDOVA

of December 18, 2015 No. 65/1

About application of the legislation on determination of fair price

For ensuring application of provisions of Art. 23 of the Law No. 171 of 11.07.2012 "About the capital market" (The official monitor of the Republic of Moldova, 2012, No. 193-197, the Art. 665) and Chapters VI of the Regulations on public offers on acquisition approved by the Resolution of the National commission on the financial market No. 33/1 of 16.06.2015 (The official monitor of the Republic of Moldova, 2015, No. 197-205, the Art. 1346), for the purpose of maintenance of stability and ensuring the continuous ordered activities in the capital market, protection of the rights and interests of investors, based on the Art. 1, the Art. 3, Art. 8 of the item b) and Art. 25 of the h. (2) the Law No. 192-XIV of 12.11.1998 "About the National commission on the financial market" (it is repeatedly published in the Official monitor of the Republic of Moldova, 2007, No. 117-126 BIS), Art. 1 of the h. (2) - (4), the Art. 5, Art. 23 of the Law No. 171 of 11.07.2012 "About the capital market" the National commission on the DECIDES: financial market

1. In case of application of provisions of Art. 23 of the h. (1) and (2) the Law No. 171 of 11.07.2012 "About the capital market" and Chapters VI of the Regulations on public offers on acquisition, for determination of fair price within takeover offers will not be taken into account the prices established during the security transactions made as a result of holding voice auctions with single packets of securities in the controlled market.

2. This resolution becomes effective from the date of the edition.

Deputy Chairman of the National commission on the financial market

Yuriye Phillip

 

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