* The Sibiu Stock Exchange will hold another General Shareholder Meeting in December, and wants to revise its 2012 budget - from profit to loss
The list of candidates for the Board of Directors of Sibex has come to comprise fifteen people, after it was supplemented with those registered for the General Shareholder Meeting of September, which wasn't held at the time, because it was postponed by the Romanian National Securities Commission (CNVM).
On October 16th, the CNVM has ruled that Sibex would add to the notice to attend of the General Shareholder Meeting of November 19th/20th, the items on the agenda pertaining to the General Shareholder Meeting of September 22nd, one of them being the dismissal of the Board of Directors.
Thus, according to Sibex, the applications submitted based on the notice to attend of September 22nd/, September 23rd, will remain valid for the next General Shareholder Meeting.
Also, the Sibiu Stock Exchange has announced that it has extended the deadline for the submission of applications until November 12th, 12:00 hours.
Ovidiu Petru, head of Sibex, has explained that at the time of the summoning of the General Shareholder Meeting, the agenda of the General Shareholder Meeting of November 19th/November 20th included the revocation of just three members of the Council and the election of their replacements. After the CNVM issued Ordinance 346, the notice to attend was supplemented to include the items of the agenda of September's General Shareholder Meeting, in other words with the dismissal of all of the five members of the Board of Directors and the election of new ones, according to Ovidiu Petru.
"Thus, five directors will have to be elected, instead of three", said Ovidiu Petru, who explained: "In order to ensure equal treatment for everyone, we have decided to stop accepting applications until No
