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

10/19/2020 | 02:35am

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: 16 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 reported according to Art. 923 para (12) of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica), with Transelectrica S.A. (TEL)

Electrica informs its shareholders and investors about the conclusion, on 13-14 October 2020, of several transactions between EFSA, Electrica's subsidiary, and TEL, 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 13-14 October 2020 by EFSA, as buyer/seller, with TEL, as seller/buyer, 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

1

Annex 1: Details regarding the transactions concluded by EFSA with TEL on 13-14 October 2020 of the kind listed in Art. 92^3 of Law No. 24/2017

Parties of

Agreement Type

Scope of the

Amount

Invoice

Date of entry

Guarantees

Penalties

Payment due dates

the

and No., execution

Number /

Expiry date

and payment

agreement

(RON th.)

into force

(RON th.)

(RON th.)

transaction

date

Date

methods

Buyer: EFSA

Seller: TEL

Sale and purchase of

electricity between the

parties, as a result of

production /

Convention No. 207

consumption

1561/

Payment is made

TEL and

/ 26 Sept 2018

imbalances of PRE that

(53.06)*

13.10.2020

1 September

N/A

13,575.05

0

within a maximum of 3

EFSA

Contract without fix

were offset by

1562/

2018

working days from

price

Transelectrica on the

13.10.2020

receipt of the invoice

balancing market in

accordance with the

provisions of the

regulations in force.

Buyer: TEL

Seller: EFSA

Sale and purchase of

electricity between the

parties, as a result of the

production /

Convention No. 207

consumption

5720/

Payment is made

EFSA and

/ 26 Sept 2018

imbalances of PRE that

(124.54)*

14.20.2020

1 September

N/A

0

0

within a maximum of 3

TEL

Contract without fix

were offset by

5699/

2018

working days from

price

Transelectrica on the

14.10.2020

receipt of the invoice

balancing market in

accordance with the

provisions of the

regulations in force.

Total amount executed in the last 12 months (RON th.):

(177.60)

  • Negative values include reversal invoices for previous invoices representing the value of the positive imbalance on the Balancing Market

Due and not due mutual receivables of EFSA to TEL at 12.10.2020: RON 12.21 th.

Due and not due mutual debts of EFSA to TEL at 12.10.2020: RON 0 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 06:34:01 UTC

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