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 Code RO 13267221 J40/7425/2000
Share capital: 3.464.435.970 RON www.electrica.ro
To: | Romanian Financial Supervisory Authority (ASF) |
Bucharest Stock Exchange (BVB) | |
London Stock Exchange (LSE) |
Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code
Report date: 6 October 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 (BVB) and
London Stock Exchange (LSE)
Significant events to be reported: Transactions with related parties according to Art. 923 para
- of Law No. 24/2017 concluded by Societatea de Distributie a Energiei Electrice Transilvania Sud SA (SDTS) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)
Electrica informs its shareholders and investors about the conclusion, on 5 October 2020, of several transactions between SDTS and EFSA, Electrica's subsidiaries, transactions that have a value that, cumulated with the rest of the transactions concluded/executed in the last 12 months, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, respectively exceeds the value of RON 199,406,795.
Details regarding the transactions concluded on 5 October 2020 by SDTS, as services provider, with EFSA, as beneficiary, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.
Chief Executive Officer
Georgeta Corina Popescu
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Annex 1: Details regarding the transactions concluded by SDTS with EFSA on 5 October 2020 of the kind listed in Art. 923 of Law No. 24/2017
Services provider: SDTS
Beneficiary: EFSA
Agreement Type | Amount of | Payment due | ||||||||||
Parties of the | Date of entry | Expiry | Guarantees | dates and | ||||||||
and No., execution | Scope of transactions | transaction | Penalties | |||||||||
transaction | into force | date | (RON th.) | payment | ||||||||
date | (RON th.) | |||||||||||
methods | ||||||||||||
Providing electricity | ||||||||||||
distribution service by the | 0.02% | (penalty | interest | Payment | is | |||||||
C-3831/D/700/ 15 | distribution operator for | corresponding to the percentage | ||||||||||
SDTS and | users, end customers of | of interest due for non-payment | made | within | ||||||||
Mar 2016 and | ||||||||||||
EFSA TS | AA2/01 Aug 2016 | the supplier, whose | 1.45 | 1 August 2016 | N/A | 0 | of obligations to the state budget), | 30 days from | ||||
installations are connected | calculated for each day of delay | the | date | of | ||||||||
Contract without fix | ||||||||||||
to the electricity network | starting with the first day after the | receipt of | the | |||||||||
price | ||||||||||||
of the distribution operator | due date until the day of payment | invoice | ||||||||||
- other services as | (exclusive). | |||||||||||
distribution operator | ||||||||||||
C-320/14 Sept 2007 | 0.02% | (penalty | interest | Payment | is | |||||||
corresponding to the percentage | ||||||||||||
and AA53 - | 31 | of interest due for non-payment | made | within | ||||||||
SDTS and | C27470/S/700/ 30 | Telecommunications | 14 September | of obligations to the state budget), | 10 | working | ||||||
16.9 | December | 0 | ||||||||||
EFSA TS | Dec 2019 | services | 2007 | calculated for each day of delay | days from the | |||||||
2020 | ||||||||||||
Contract without fix | starting with the first day after the | date of receipt | ||||||||||
price | due date until the day of payment | of the invoice. | ||||||||||
(exclusive) | ||||||||||||
C-319/14 Sept 2007 | 0.02% | (penalty | interest | Payment | is | |||||||
corresponding to the percentage | ||||||||||||
and AA51 - | 31 | of interest due for non-payment | made | within | ||||||||
SDTS and | C27472/S/700/30 | 14 September | of obligations to the state budget), | 10 | working | |||||||
IT services | 109.07 | December | 0 | |||||||||
EFSA TS | Dec 2019 | 2007 | calculated for each day of delay | days from the | ||||||||
2020 | ||||||||||||
Contract without fix | starting with the first day after the | date of receipt | ||||||||||
price | due date until the day of payment | of the invoice. | ||||||||||
(exclusive) | ||||||||||||
Transactions total amount (RON th.): | 127.41 | |||||||||||
Due and not due mutual debts of EFSA to SDTS at 02.10.2020: RON 35,344.93 th.
Due and not due mutual debts of SDTS to EFSA at 02.10.2020: RON 588.11 th.
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Societatea Energetica Electrica SA published this content on 07 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2020 05:39:01 UTC