9th Oct 2020 09:53
CURRENT REPORT
In compliance with Law no. 24/2017 and FSA Regulation no. 5/2018
Report date: October 9, 2020Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.
Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130Phone/fax no: 004-0374-401020 / 004-0269-846901
Fiscal Code: RO14056826
LEI Code: 2549009R7KJ38D9RW354
Trade Register registration number: J32/392/2001
Subscribed and paid in share capital: 385,422,400 RON
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)
Important event to be reported:
· S.N.G.N. ROMGAZ S.A. concluded a transaction of the type listed in art. 234 paragraph 1, letter i) from FSA Regulation no 5/2018 regarding Issuers of Financial Instruments and Market Operations
According to the provisions of art. 234 paragraph 1, letter i) from FSA Regulation no 5/2018, S.N.G.N. ROMGAZ S.A. reports a legal document whose value exceeds 10% of the 2019 net turnover, as follows:
No | Party to the Agreement | Agreement No and date | Scope of Agreement | Estimated contract Value including VAT (RON) | Terms and Payment Methods | Mutual Receivables | Issued Guarantee | Penalties (%/day) |
1 | S. C. Electrocentrale Bucureşti S.A. | Addendum no. 13/September 23, 2020 to Contract no 8/2016 | Gas/sales purchase for non-household customers (period October 1, 2020- September 30, 2021) | 525,936,704.49 | Settlement invoice due within 90 days after issue | - | - | Representing late payment interest rate for tax liability overdue payments |
Addendum no. 13/2020 extends the period, modifies the price and the quantity from Contr. no. 8/2016, therefore the contract value. Thus, the total value of Contr. 8/2016, for the period August 1, 2016 - September 30, 2020 is RON 2,696,140,842.03 VAT included, increased by RON 525,936,704.49 VAT included, as compared to the previous reported value. Addendum no. 13/2020 to Contract no 8/2016 was approved by Romgaz Ordinary General Meeting of Shareholders through Resolution no. 9/September 21, 2020. Addendum no.13/2020 was sent by Electrocentrale Bucuresti SA on September 29, 2020 and the Energy Trading Department within S.N.G.N. Romgaz S.A. came into possession of the legal document on October 7, 2020. | ||||||||
Chief Executive Officer, Deputy Chief Executive Officer, Constantin Adrian VOLINTIRU Daniel Corneliu PENA
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