21st Feb 2023 13:30
CURRENT REPORT
In compliance with Law no. 24/2017 and F.S.A. Regulation no. 5/2018
Report date: February 21, 2023Company 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 one new transaction with the affiliated party S ELECTROCENTRALE București S.A.
According to the provisions of art.108 from Law no. 24/2017, republished, and art. 234 letter i) from F.S.A. Regulation no. 5/2018 S.N.G.N. ROMGAZ S.A. reports the concluding of one new transaction with the affiliated party S ELECTROCENTRALE București S.A.
The cumulated value of the new transaction with the transactions previously concluded with the aforementioned affiliated party, for a period of 12 months, exceeds both 5% of 2021 net assets value according to the latest financial reporting and also 10% of the 2021 net turnover. The Addendum no. 1/2023 to Contract no. VG55/2022 was approved by S.N.G.N. Romgaz S.A. General Meeting of Shareholders by Resolution no. 3/February 20, 2023.
No | Name of the Affiliate | Date and nature of the transaction | Transaction Scope | Transaction value (VAT exclusive) - RON - |
Total cumulated contract value (VAT exclusive) - RON - | Mutual Receivables | Issued Guarantee | Terms and Payment Methods | Other information - Penalties - |
1.
| S ELECTROCENTRALE București S.A. |
Addendum no 1/January 13, 2023 to Contract no VG55/2022
| Sale-purchase of natural gas, stored in underground gas storages, in the 2021- 2022 cycle, sale from UGS | 182,081,695.32 | 182,081,695.32 | - | Letter of bank guarantee | 90 days from invoice issue | Delay penalties of RON 0.10% per day |
1. Addendum no. 1/2023 to gas sales contract no. VG55/2022 reduces the contractual quantity from 437,000.00 MWh to 239,452 MWh, so that the cumulative value of the contract becomes RON 182,081,695.32. 2. The addendum enters into force from the date of its approval by the S.N.G.N. Romgaz S.A.GMS. | |||||||||
Chief Executive Officer, Chief Financial OfficerRazvan POPESCU Gabriela TRÂNBIȚAȘ
Related Shares:
Romgaz S