SOCIETATEA ENERGETIC

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Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 – SDTN and Electrica Furnizare – 19 October 2020

10/19/2020 | 10:30am

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: 19 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

  1. of Law No. 24/2017 concluded by Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 16 October 2020, of several transactions between SDTN and EFSA, Electrica's subsidiaries, 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 16 October 2020 by SDTN, as services provider, with EFSA, as beneficiary, containing information about the date of execution, type of transactions, description of its scope, total value of the transactions, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.

Chief Executive Officer

Georgeta Corina Popescu

1

Annex 1:

Details regarding the transaction concluded by SDTN with EFSA on 16 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Service provider: SDTN

Beneficiary: EFSA

Parties of

Agreement Type

Scope of the

Amount

Date of entry

Expiry

Guarantees

Payment due

the

and No.,

Invoice Number

Penalties

dates and

agreement

(RON th.)

into force

date

(RON th.)

transaction

execution date

payment methods

The

beneficiary

will

pay,

Payment is made

beside the amount due, a

within 30 working

penalty

to

this

amount,

days from the date

corresponding

as

a

of receipt of the

487/29 Aug 2007;

31

percentage

of

the

interest

SDTN and

Telecommunications

MMFTN9310162428

1 August

invoice. Payment of

AA 42/17 Dec

1.29

December

0

due

for

non-payment

on

EFSA

2019

services

/ 16.10.2020

2007

2020

time

of

the

obligations to

invoices can also be

the state budget, for each

made by

compensation in

day of delay compared to

the due date, until the day of

compliance with the

payment (exclusively).

legislation in force.

For delays in the payment

Convention

of the invoice longer than

30 days from the due date,

30728/22 Feb

BHFTN9210159424 /

the lessor has the right to

2016, AD

1.64

16.10.2020

charge, and the lessee has

Payment is made

3/1159/16 Jul

the obligation to pay, late

2020 - Oradea

31

within 10 days from

SDTN and

Re-invoicing utilities

1 January

payment

penalties

in

the date of

December

0

amount of 0.03% applied to

EFSA

Convention

expenses

2016

2023

the

amount

due

for each

registration of the

invoice to the

calendar

day

of

delay,

60380/22 Feb

tenant.

starting

with the

first

day

2016, AD 6/

10.09

SMFTN9410101925

after due-date. The value of

60376A/404/15

/ 16.10.2020

the

penalties

will

not

feb 2019 - Satu

exceed

the

value

of

the

Mare

outstanding debt

Transactions total amount (RON th.):

13.01

Due and not due mutual debts of EFSA to SDTN at 15.10.2020: RON 76,777.86 th.

Due and not due mutual debts of SDTN to EFSA at 15.10.2020: RON 741.00 th.

2

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Societatea Energetica Electrica SA published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 14:29:04 UTC

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