ANNUAL REPORT OF “TRANSGAZ” MANAGEMENT INDIVIDUAL ...

SNTGN “TRANSGAZ” SA Medias Annual Management Report for 2007
‣ dividends of minimum 50% for shareholders;
‣ other reserves representing own financing sources.
The company registers and pays dividends appropriated from the net profit, only
following approval of the annual financial statements within the general meeting of the
shareholders.
Account of dividends appropriated from the net profit, during 2005-2007:
2005 2006 2007 (proposal)
Appropriated dividends (lei) 71,388,676 121,384,642 113,735,333
3.3. Transgaz’ intention to purchase own shares
Transgaz has no intention to purchase own shares.
3.4. Number and nominal value of the shares issued by the parent company and
held by subsidiaries
There are no subsidiaries in Transgaz’ organizational structure.
3.5. Bonds and/or other receivables
Transgaz did not issue any bonds or other receivables within the assessed period.
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