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: 8 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 two distribution companies and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)
Electrica informs its shareholders and investors about the conclusion, between 7-8 October 2020, of several transactions between Societatea de Distributie a Energiei Electrice Transilvania Sud (SDTS) and EFSA, respectively between Societatea de Distributie a Energiei Electrice Muntenia Nord (SDMN) and EFSA, Electrica's subsidiaries, transactions 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 between 7-8 October 2020 by SDTS and SDMN, as services providers, with EFSA, as beneficiary, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, 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 transactions concluded by SDTS with EFSA on 7 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Services provider: SDTS
Beneficiary: EFSA
Agreement Type | Amount of | Payment due | ||||||||||
Parties of the | Date of entry | Expiry | Guarantees | dates and | ||||||||
and No., execution | Scope of transactions | transaction | Penalties | |||||||||
transaction | into force | date | (RON th.) | payment | ||||||||
date | (RON th.) | |||||||||||
methods | ||||||||||||
Payment | is | |||||||||||
Providing electricity | 0.02% | (penalty | interest | made | within | |||||||
C-3831/D/700/ 15 | distribution service by the | corresponding to the percentage | 10 | working | ||||||||
SDTS and | Mar 2016 and | distribution operator for | of interest due for non-payment | days from the | ||||||||
EFSA TS | AA8/18 Jun 2020 | users, end customers of | 28,788.39 | 15 March 2016 | N/A | 0 | of obligations to the state budget), | date of receipt | ||||
Contract without fix | the supplier, whose | calculated for each day of delay | ||||||||||
installations are connected | starting with the first day after the | of the invoice. | ||||||||||
price | to the electricity network | due date until the day of payment | There | are | 30 | |||||||
of the distribution operator | (exclusive). | days of grace | ||||||||||
period. | ||||||||||||
Transactions total amount (RON th.): | 28,788.39 | |||||||||||
Due and not due mutual debts of EFSA to SDTS at 06.10.2020: RON 35,537.10 th.
Due and not due mutual debts of SDTS to EFSA at 06.10.2020: RON 528.29 th.
2
Details regarding the transactions concluded by SDMN with EFSA between 7-8 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Services provider: SDMN
Beneficiary: EFSA
Parties of | Agreement Type and | Scope of the | Amount of | Date of entry into | Guarantees | Payment due dates | |||||||||
the | transactions | Expiry date | Penalties | and payment | |||||||||||
No., execution date | transactions | force | (RON th.) | ||||||||||||
transaction | (RON th.) | methods | |||||||||||||
Providing electricity | |||||||||||||||
distribution service by | 0.02% | (penalty | interest | ||||||||||||
the distribution operator | corresponding | to | the | ||||||||||||
for users, end customers | percentage | of interest | due | ||||||||||||
R102263 / 30 Mar | of the supplier, whose | for | non-payment | of | Payment | is | made | ||||||||
SDMN and | 2016 | installations are | obligations | to | the | state | within 30 | days from | |||||||
EFSA MN | Contract without fix | connected to the | 5.93 | 1 April 2016 | N/A | 0 | budget), calculated for each | the date of issuance of | |||||||
price | electricity network of the | day of delay starting with | the invoice | ||||||||||||
distribution operator - | the first day after the due | ||||||||||||||
Other services provided | date until the day of | ||||||||||||||
as a distribution operator | payment (exclusive). There | ||||||||||||||
- interventions in the | are 30 days of grace period | ||||||||||||||
distribution network | |||||||||||||||
0.01% | of | the | unpaid | Payment | is | made | |||||||||
amount, calculated for each | within 30 | days | from | ||||||||||||
10335/1 Aug 2007 | 13.80 | 1 August 2007 | 31 August | day of delay starting with | the date of registration | ||||||||||
2021 | the first day after the due | of the invoice by the | |||||||||||||
SDMN and | Re-invoicing common | 0 | date | until | the | day | of | beneficiary | |||||||
EFSA MN | expenses | payment (exclusive) | |||||||||||||
4914/20 Mar 2019; | 1 March 2019 | Payment | is | made | |||||||||||
31 January | within 30 | days | from | ||||||||||||
17831/17 Feb 2020; | 1.31 | 0 | |||||||||||||
1 February 2020 | 2021 | the date of issuance of | |||||||||||||
26497/10 Mar 2020 | |||||||||||||||
the invoice | |||||||||||||||
0.01% | of | the | unpaid | ||||||||||||
2630/1 Mar 2018, | Re-invoicing common | amount, calculated for each | Payment | is | made | ||||||||||
SDMN and | day of delay starting with | within 30 | days | from | |||||||||||
contract without fix | expenses (security | 2.38 | 1 March 2018 | N/A | 0 | ||||||||||
EFSA MN | the first day after the due | the date of the issuance | |||||||||||||
price | services) | ||||||||||||||
date until the day of | of the invoice. | ||||||||||||||
payment (exclusive) |
3
Payment | is | made | |||||||||||||
within | 10 | working | |||||||||||||
Optical fiber rental | 1.96 | days from the date of | |||||||||||||
registration | of | the | |||||||||||||
invoice | by | the | |||||||||||||
580/108/27 Sept 2007 | 0.001% | of | the | unpaid | beneficiary. | ||||||||||
amount, calculated for each | Payment | is | made | ||||||||||||
Contract without fix | |||||||||||||||
SDMN and | Telecommunications | 31 December | day of delay starting with | within | 60 | days | from | ||||||||
price | 8.83 | 1 August 2007 | 0 | the first | day | after | the due | the date of registration | |||||||
EFSA MN | services | 2020 | |||||||||||||
date until the day of | of the invoice by the | ||||||||||||||
payment (exclusive). There | beneficiary. | ||||||||||||||
are 30 days of grace period | Payment | is | made | ||||||||||||
Re-invoicing | within | 10 | working | ||||||||||||
days from the date of | |||||||||||||||
telecommunications | 4.33 | ||||||||||||||
registration | of | the | |||||||||||||
services | |||||||||||||||
invoice | by | the | |||||||||||||
beneficiary. | |||||||||||||||
R4990/31 Oct 2012 | 0.6% calculated for each | Payment | is | made | |||||||||||
SDMN and | 31 December | day of delay starting with | within | 60 | days | from | |||||||||
Contract without fix | IT services | 117.95 | 1 November 2012 | 0 | the first | day after | the due | the date of registration | |||||||
EFSA MN | 2020 | ||||||||||||||
price | date until the day of | of the invoice by the | |||||||||||||
payment (exclusive) | beneficiary. | ||||||||||||||
Transactions total amount (RON th.): | 156.47 | ||||||||||||||
Due and not due mutual debts of EFSA to SDMN at 06.10.2020: RON 49,208.78 th.
Due and not due mutual debts of SDMN to EFSA at 06.10.2020: RON 659.09 th.
4
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 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2020 16:34:03 UTC