21st Jun 2021 07:00
CURRENT REPORT
In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and Market Operations and A.S.F. Regulation no. 5/2018
Report date: June 18, 2021
Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.
Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130
Phone/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)
Significant event to be reported:
· Termination of the Public Procurement Contract No. 13384/2016, having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, concluded between S.N.G.N. ROMGAZ S.A., as Purchaser and the Consortium consisting of DURO FELGUERA S.A. and S.C. ROMELECTRO S.A., as Executor
In compliance with the provisions of Law No. 24/2017 and Article 234, paragraph (1) of F.S.A. Regulation No 5/2018, S.N.G.N. ROMGAZ S.A. informs its shareholders and investors upon the fact that starting June 17, 2021 the Public Procurement Contract No. 13384/2016 having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, ceased by termination, motivated by the non-completion in time, by the Executor, of the construction works and commissioning of the investment objective.
Termination of the Works Contract no. 13384/2016, starting with June 17, 2021, occurred as a result of expiry of the suspension term of the termination notice for the parties having agreed upon a solution to ensure the completion and commissioning of the investment objective, in the shortest time possible.
Chief Executive Officer,
Aristotel Marius JUDE
Related Shares:
Romgaz S