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Societatea Energetica Electrica S A : Current report – Settlement of case no. 4804/2/2020 (former 7341/2/2014) against ANRE – retrial – 22 December 2020
|12/22/2020 | 01:39am|
Societatea Energetica Electrica S.A.
9, Grigore Alexandrescu str.
010621 District 1, Bucharest, Romania Phone: 021-208 59 99; Fax: 021-208 59 98 Fiscal Registration Certificate RO 13267221 J40/7425/2000
Share capital: 3.464.435.970 LEI www.electrica.ro
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: 21 December 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: RON 3,464,435,970
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and
London Stock Exchange (LSE)
Significant events to be reported: Settlement of case no. 4804/2/2020 (former 7341/2/2014) against ANRE - retrial
Electrica informs the shareholders and investors that, on 18 December 2020, Bucharest Court of Appeal settled, in retrial, the case no. 4804/2/2020 (former 7341/2/2014) and dismissed the action and the intervention requests as unfounded. The decision is appealable within 15 days of its communication.
We mention that the object of the case is Fondul Proprietatea's request for the cancellation of art. I points 2, 3, 8, 9 and 10 of ANRE President's Order no. 112/2014 for amending and completing the Methodology for establishing tariffs for the electricity distribution service, approved by ANRE President's Order no. 72/2013, the initial number of the case being 7341/2/2014 and the case number in retrial being 4804/2/2020 (see the announcement identified by 2794F IRIS code (BSE), respectively 0015M RNS code (LSE) from 11 September 2019).
In first instance, the case was admitted on merits, ANRE filing an appeal against this sentence, admitted by the High Court of Cassation and Justice, which sent the case to the same court for re-examining the main action and the requests for accessory intervention made by the interveners Enel Muntenia SA, Enel Distributie Dobrogea SA and Enel Distributie Banat SA, in the first instance, and by the interveners Societatea de Distributie a Energiei Electrice Transilvania Sud SA, Societatea de Distributie a Energiei Electrice Transilvania Nord SA, Societatea de Distributie a Energiei Electrice Muntenia Nord SA and Societatea Energetică Electrica SA, in appeal (see the announcement identified by BEF55 IRIS code (BSE), respectively 5150D RNS code (LSE) from 19 February 2020).
Chief Executive Officer
Georgeta Corina Popescu
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Societatea Energetica Electrica SA published this content on 22 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2020 06:38:06 UTC