The appointment of Ilinca von Derenthall is for a maximum term of office of five months, starting with October 17, 2023, with the possibility of extending the term only once by other two months, for justified reasons.
The shareholders also approved the appointment of Adina-Lacrimioara Hanza as a provisional member of the Board of Administration for a maximum term of office of five months, starting with October 17, 2023, with the possibility of extending the term of office only once by other two months, for justified reasons.
Ilinca von Derenthall and Adina-Lacrimioara Hanza will be replacing Gheorghita Agafitei, advisor to former PM Nicolae Ciuca, and Orosz Csaba, former administrator of Medias City Hall.
TGN shares have traded 9.5% higher so far in 2023, amid deals worth RON152 million, and 32% higher over the last 12 months.