With Regard To The Application Of The Laws Regarding Fair Pricing

Original Language Title: cu privire la aplicarea legislației privind determinarea prețului echitabil

Read the untranslated law here: https://www.global-regulation.com/law/moldova/5967806/cu-privire-la-aplicarea-legislaiei-privind-determinarea-preului-echitabil.html

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    In order to ensure the application of the provisions of article 23 of law No. 171 of 11.07.2012 "capital market" (Official Gazette of the Republic of Moldova, 2012, no. 193-197, 665) and chapter VI of the regulation relating to takeover bids, approved by the decision of the National Commission of financial market nr. 33/1 from 16.06.2015 (Official Gazette of the Republic of Moldova, 2015, nr. 197-205, 1346), in order to preserve the stability, continuity and orderly capital market as well as protecting investors ' rights and interests, in accordance with article 1(1), article 3, article 8 b) and para. (2) of law No. 192-XIV of 12.11.1998 "Concerning the National Commission for financial market" (republished in the Official Gazette of the Republic of Moldova, 2007, nr. 117-126 BIS), article 1, paragraph 1. (2) to (4), article 5 and article 23 of Act No. 171 of 11.07.2012 "capital market", the NATIONAL COMMISSION of FINANCIAL MARKET DECIDES: 1. To apply the provisions of article 23 para. (1) and paragraph 1. (2) of law No. 171 of 11.07.2012 "capital market" and chapter VI of the regulation relating to takeover bids, in order to determine a fair price in the context of takeover bids will not take into account prices within transactions in securities resulting from the performance of the auction auctions with unique packages of securities on a regulated market.
2. this decision shall enter into force from the date of issue.

VICE-CHAIRMAN of the NATIONAL COMMISSION of FINANCIAL MARKET Karen Fahie