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Societatea Energetica Electrica : Claims for warranty

02/25/2020 | 08:25am
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Claims for warranty
Released 13:19 25-Feb-2020

RNS Number : 0845E
Societatea Energetica Electrica SA
25 February 2020

To: Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 25 February 2020

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON3,464,435,970

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Submission of a claim for warranty against Societatea Energetica Electrica SA (Electrica) by Ms. Victoria Lupu, former Member of the Board of Directors of Electrica Furnizare SA

Electrica informs the shareholders and investors about the fact that, on 24 February 2020, the Company has received a claim for warranty registered by the defendant Victoria Lupu, as part of file no.35647/3/2019 before the Bucharest Tribunal.

Ms. Victoria Lupu is defendant in file no 35647/3/2019, having as object the underscoring of the liability of the members of the Board of Directors and the Chief Executive Officer of Electrica Furnizare SA, action submitted by the concerned company, following the damages retained by the Court of Accounts of Romania in the Decision no. 11 / 23 December 2016.

In her claim for warranty Ms. Victoria Lupu requested the admission in principle of the warranty claim formulated against Electrica, and consequently, the obligation of Electrica, the majority shareholder of Electrica Furnizare SA, to pay all the amounts of money to which the defendant would be liable to the plaintiff Electrica Furnizare SA, in file no. 35647/3/2019.

We mention that the plaintiff Electrica Furnizare SArequested that the defendant Victoria Lupu shall be ordered to pay 6,232,398.44 lei as well as the related legal interest, jointly with the other members of the Board of Directors and the Chief Executive Officer of Electrica Furnizare SA.

Chief Executive Officer

Georgeta Corina Popescu

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Claims for warranty - RNS


Societatea Energetica Electrica SA published this content on 25 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2020 13:24:06 UTC

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