Under Article 226, paragraph 1 of Law no. 297/2004 on the capital market, corroborated with Article 113 of Regulation no. 1/2006 of The Romanian National Securities Commission and Chapter 6 of Bucharest Stock Exchange Code, TRANSGAZ notifies shareholders and investors that in March 2008, based on amended and republished Law no. 85/1992 on home sales and other real estate properties built out of state’s funds and funds from state budgeted or economic units, and on Decision no. 5/2006 of the Board of Administration, it concluded 10 sales contracts for the company-owned apartments leased to employees in Cluj-Napoca, no. 3-5, Intre Lacuri St.
Such apartments were initially subject to lease agreements concluded between TRANSGAZ and its employees, attached to individual labour contracts.
The total sale price for the 10 apartments was of Lei 2,286,298.21 (VAT included) and was paid in full by the buyer upon sales contract authentification date.
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