4th Jan 2017 14:23
To: Romanian Financial Supervisory Authority (ASF)
Bucharest Stock Exchange (BVB)
London Stock Exchange (LSE)
Current report in compliance with the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code
Report date: 4 Jan 2017
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 3,459,399,290
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE)
Significant events to be reported: Legal acts of the kind listed in Art. 225 of Law No. 297/2004 concluded by Electrica in H2 2016
Electrica informs its shareholders and investors about the conclusion in the second semester of 2016 of a legal act with a value greater than EUR 50,000 with Filiala de Intretinere si Servicii Energetice "Electrica Serv" SA, affiliate, where Electrica is the sole shareholder.
Details regarding the agreement concluded by Electrica, as beneficiary, with Filiala de Intretinere si Servicii Energetice "Electrica Serv" SA, as service provider, containing information about the date of execution, type of legal act, description of its scope, total value of the legal act, expiry date, mutual claims, guarantees, penalties, deadlines and payment methods are presented in Annex 1 to the current report.
The report of factual findings regarding the transactions reported by Electrica according to art. 225 of Law no. 297/2004 that will be performed by a financial auditor, will be made public in maximum 30 days from the end of the reporting period acccording to the provisions of art. 113 letter G para (6) of CNVM Regulation no. 1/2006.
CEO
Dan Catalin Stancu
Annex 1: Details regarding legal acts of the kind listed in Art. 225 of Law No. 297/2004 concluded by Electrica in H2 2016
Beneficiary: Societatea Energetica Electrica S.A.
Service Supplier: Filiala de Intretinere si Servicii Energetice "Electrica Serv" SA
Agreement Type and No. | Scope of the agreement | Amount (RON th.) | Date of execution/ entry into force | Expiry date | Mutual claims | Guarantees (RON th.) | Penalties | Deadlines and payment methods |
Agreement no. 241 | Complex auto transportation services for Electrica SA - period 1 January 2017 - 30 June 2017 | 780 | 28 Dec 2016 | 30 Jun 2017 | 0 | 0 | Supplier: If, due to its exclusive fault, the supplier does not fulfil the obligations assumed in the agreement, or delays are encountered, the Beneficiary has the right to invoice daily penalties in amount of 0.04% from agreement value, until the obligations are fulfilled by the supplier. Beneficiary: in case the Beneficiary does not pay the invoice in accordance with article 10.1, the Supplier has the right to invoice daily penalties in amount of 0.04% from outstanding balance, until the agreement obligations are fulfilled. | 30 calendar days from the receipt of invoice at e-mail [email protected]
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Related Shares:
Electrica Regs