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: 15 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 two distribution companies and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)
Electrica informs its shareholders and investors about the conclusion, in the period 14 - 15 October 2020, of several transactions between Societatea de Distributie a Energiei Electrice Transilvania Sud SA (SDTS) and EFSA, respectively between Societatea de Distributie a Energiei Electrice Muntenia Nord SA (SDMN) 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 in the period 14 - 15 October 2020 by SDTS and SDMN, as services providers, with EFSA, as beneficiary, containing information about the date of execution, type of transactions, description of their 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 transactions concluded by SDTS with EFSA on 14 October 2020 of the kind listed in Art. 923 of Law No. 24/2017
Services provider: SDTS
Beneficiary: EFSA
Parties of | Agreement Type and No., | Amount of | Invoice | Date of entry | Expiry | Guarantees | Payment due dates | |||||||
the | Scope of transactions | transaction | number/ | Penalties | and payment | |||||||||
execution date | into force | date | (RON th.) | |||||||||||
transaction | (RON th.) | date | methods | |||||||||||
C-12310/D/700/29 Jul 2015 | 29 July 2015 | N/A | 0.02% | (penalty | ||||||||||
interest corresponding | ||||||||||||||
C-12445/D/700/30 Jul 2015 | 30 July 2015 | N/A | ||||||||||||
Providing electricity | to | the | percentage of | |||||||||||
30 September | interest | due | for | non- | ||||||||||
C-16355/D/700/30 Sept 2015 | distribution service by | N/A | ||||||||||||
payment | of | |||||||||||||
the distribution operator | 2015 | Payment is made | ||||||||||||
obligations to the state | ||||||||||||||
for users, end customers | ||||||||||||||
21 December | ||||||||||||||
SDTS and | 7190009522 | budget), | calculated | within 10 working | ||||||||||
C-22054/D/700/21 Dec 2015 | of the supplier, whose | 43.27 | N/A | 0 | ||||||||||
EFSA TN | /14.10.2020 | 2015 | for each day of delay | days from the date of | ||||||||||
installations are | ||||||||||||||
starting with the | first | receipt of the invoice. | ||||||||||||
connected to the | 22 December | |||||||||||||
C-22271/D/700/22 Dec 2015 | N/A | day after the due date | ||||||||||||
electricity network of the | 2015 | |||||||||||||
until | the | day | of | |||||||||||
distribution operator | ||||||||||||||
C-22578/D/700/29 Dec 2015 | 29 December | N/A | payment (exclusive). | |||||||||||
There are 30 days of | ||||||||||||||
2015 | ||||||||||||||
grace period | ||||||||||||||
C-14893/D/700/09 Sept 2015 | 9 September | N/A | 0.02% | (penalty | ||||||||||
2015 | ||||||||||||||
interest corresponding | ||||||||||||||
C-16091/D/700/28 Sept 2015 | Providing electricity | 28 September | N/A | to | the | percentage of | ||||||||
2015 | interest | due | for | non- | ||||||||||
distribution service by | ||||||||||||||
payment | of | |||||||||||||
the distribution operator | 21 December | Payment is made | ||||||||||||
C-22046/D/700/21 Dec 2015 | N/A | obligations to the state | ||||||||||||
for users, end customers | 2015 | |||||||||||||
SDTS and | 7190009521 | budget), | calculated | within 10 working | ||||||||||
of the supplier, whose | 398.76 | 0 | ||||||||||||
EFSA MN | /14.10.2020 | 21 December | for each day of delay | days from the date of | ||||||||||
C-22050/D/700/21 Dec 2015 | installations are | N/A | ||||||||||||
2015 | starting with the first | receipt of the invoice. | ||||||||||||
connected to the | ||||||||||||||
day after the due date | ||||||||||||||
electricity network of the | 22 December | |||||||||||||
C-22255/D/700/22 Dec 2015 | N/A | until | the | day | of | |||||||||
distribution operator | 2015 | |||||||||||||
payment (exclusive). | ||||||||||||||
C-22562/D/700/29 Dec 2015 | 29 December | N/A | There are 30 days of | |||||||||||
grace period | ||||||||||||||
2015 | ||||||||||||||
Transactions total amount (RON th.): | 442.04 | |||||||||||||
Due and not due mutual debts of EFSA to SDTS at 13.10.2020: RON 69,769.65 th.
Due and not due mutual debts of SDTS to EFSA at 13.10.2020: RON 821.34 th.
2
Details regarding the transactions concluded by SDMN with EFSA in the period 14 - 15 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Service provider: SDMN
Beneficiary: EFSA
Parties of the | Agreement Type and | Scope of | Amount of | Invoice | Date of | Expiry | Guarantees | Payment due dates | |||||||||
transaction | number/ | entry into | Penalties | and payment | |||||||||||||
transaction | No., execution date | transactions | date | (RON th.) | |||||||||||||
(RON th.) | date | force | methods | ||||||||||||||
Providing electricity | 0.02% | (penalty | interest | ||||||||||||||
corresponding | to | the | |||||||||||||||
distribution service | |||||||||||||||||
percentage of interest due | |||||||||||||||||
by the distribution | |||||||||||||||||
7190001430/ | for | non-payment | of | ||||||||||||||
operator for users, | Payment | is | made | ||||||||||||||
obligations | to | the | state | ||||||||||||||
14.10.2020; | |||||||||||||||||
end customers of the | |||||||||||||||||
SDMN and | 1 April | budget), | calculated | for | within | 10 | working | ||||||||||
7190001433/ | |||||||||||||||||
R102263 / 30 Mar 2016 | supplier, whose | 38,181.17 | N/A | 0 | |||||||||||||
EFSA MN | 2016 | each day of delay starting | days from the date of | ||||||||||||||
14.10.2020 | |||||||||||||||||
installations are | |||||||||||||||||
with the first day after the | receipt of the invoice. | ||||||||||||||||
connected to the | |||||||||||||||||
due date until the day of | |||||||||||||||||
electricity network of | |||||||||||||||||
payment | (exclusive). | ||||||||||||||||
the distribution | |||||||||||||||||
There are 30 days of grace | |||||||||||||||||
operator | |||||||||||||||||
period | |||||||||||||||||
R106538/7 Jul 2015 | 10.26 | 2190010151/ | 0.02% | (penalty | interest | ||||||||||||
Providing electricity | 14.10.2020 | corresponding | to | the | |||||||||||||
4190008975/ | |||||||||||||||||
R106673/11 Jul 2015 | distribution service | 10.78 | percentage of interest due | ||||||||||||||
14.10.2020 | |||||||||||||||||
by the distribution | for | non-payment | of | ||||||||||||||
R107111/27 Jul 2015 | operator for users, | -0.50 | 3190011900/ | ||||||||||||||
obligations | to | the | state | Payment | is | made | |||||||||||
end customers of the | 14.10.2020 | ||||||||||||||||
SDMN and | 1 August | budget), | calculated | for | within | 10 | working | ||||||||||
R107203/28 Jul 2015 | supplier, whose | 63.37 | 1190018908/ | N/A | 0 | ||||||||||||
EFSA TS | 2015 | each day of delay starting | days from the date of | ||||||||||||||
installations are | 14.10.2020 | ||||||||||||||||
R107421/31 Jul 2015 | connected to the | 15.96 | 5190009508/ | with the first day after the | receipt of the invoice. | ||||||||||||
electricity network of | 14.10.2020 | due date until the day of | |||||||||||||||
the distribution | 6190011136/ | payment | (exclusive). | ||||||||||||||
R107426/31 Jul 2015 | operator | 25.80 | 14.10.2020 | There are 30 days of grace | |||||||||||||
period |
3
R110808/5 Nov 2015 | 8.00 | 2190010150/ | 1 | 0.02% | (penalty | interest | |||||||||||
Providing electricity | 14.10.2020 | corresponding | to | the | |||||||||||||
December | |||||||||||||||||
6190011135/ | |||||||||||||||||
R111559/25 Nov 2015 | distribution service | percentage of interest due | |||||||||||||||
2.10 | 2015 | ||||||||||||||||
14.10.2020 | |||||||||||||||||
by the distribution | for | non-payment | of | ||||||||||||||
3190011899/ | |||||||||||||||||
R112463/15 Dec 2015 | operator for users, | 7.36 | obligations | to | the | state | Payment | is | made | ||||||||
end customers of the | 14.10.2020 | ||||||||||||||||
SDMN and | budget), | calculated | for | within 10 | working | ||||||||||||
R112651/16 Dec 2015 | supplier, whose | 31.19 | 1190018907/ | N/A | 0 | ||||||||||||
EFSA TN | each day of delay starting | days from the date of | |||||||||||||||
installations are | 14.10.2020 | ||||||||||||||||
1 January | |||||||||||||||||
R112798/18 Dec 2015 | connected to the | 5.44 | 5190009507/ | with the first day after the | receipt of the invoice. | ||||||||||||
2016 | |||||||||||||||||
electricity network of | 14.10.2020 | due date until the day of | |||||||||||||||
the distribution | 4190008976/ | payment | (exclusive). | ||||||||||||||
R112920/21 Dec 2015 | operator | 4.70 | 14.10.2020 | There are 30 days of grace | |||||||||||||
period | |||||||||||||||||
0.01% penalty interest as a | |||||||||||||||||
percentage | of | the | interest | ||||||||||||||
due for non-payment on | Payment | is | made | ||||||||||||||
SDMN and | 21/15 Feb 2018 | Balancing Market | 0.28 | 7190001434/ | 1 February | 31 | 0 | time | of | the | contractual | within | 3 | working | |||
EFSA | 15.10.2020 | 2018 | January | obligations, calculated for | days from the date of | ||||||||||||
2021 | each day of delay starting | ||||||||||||||||
with the 30th day after the | receipt by email / fax | ||||||||||||||||
due date until the day of | |||||||||||||||||
payment | |||||||||||||||||
Transactions total amount (RON th.): | 38,365.91 | ||||||||||||||||
Due and not due mutual debts of EFSA to SDMN at 13.10.2020: RON 49,455.07 th.
Due and not due mutual debts of SDMN to EFSA at 13.10.2020: RON 741.90 th.
4
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Societatea Energetica Electrica SA published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 14:54:01 UTC