On October 6th 2016, starting with 16:00 PM, at Company’s headquarters took place the Ordinary General Meeting of Shareholders, which was legally and statutory constituted at first convocation. During this meeting participated in person, through power of attorney and also through voting by correspondence, the shareholders registered in the Shareholders Register held by Central Depository, at September 26th 2016, established as a reference date, the quorum consisting of 72,21%, from the total of 566.113.948 voting rights related to the 566.432.660 shares issued by the Company, representing a total number of 408.378.231 votes expressed, of which a number of 8.044.488 votes were invalidated for the point 1 of the GMS agenda.

In order to ensure a complete and correct information of shareholders and potential investors, we reproduce the content of the decisions of the Ordinary and Extraordinary General Meeting of Shareholders of TERAPLAST SA:

During the Ordinary General Meeting of Shareholders were elected the new members of the Board of Directors of Teraplast.

According to the Decision of the Ordinary General Meeting of Shareholders, the current structure of the Board of Directors of Teraplast is the following: Dorel Goia, Magda-Eugenia Palfi-Ţîrău, Teofil-Ovidiu Muresan, Razvan Stefan Lefter and Petru-Raul Ciurtin.

The newly-entered member in the structure of the Board of Directors of Teraplast is Mr. Petru-Raul Ciurtin.

Mr. Petru-Raul Ciurtin is the entrepreneur doctor from Ardeal who turned Albalact, an old bankrupt milk factory, into the leader of the Romanian diary market. This year Mr. Raul Ciurtin marked his exit from Albalact.

The mandate duration of the Board of Directors members shall be (1) year.

In order to ensure a complete and correct information of shareholders and potential investors, we reproduce the content of the decisions of the Ordinary General Meeting of Shareholders of the Company TERAPLAST S.A:

Details here…