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
- 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
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
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