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Last checked at 
15 Apr 2020 10:17
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: 15 April 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: Extension of the duration of a legal act of the kind listed in Art. 82 of Law No. 24/2017 concluded by Societatea Energetica Electrica SA (Electrica) in Semester II 2019 with Electrica Furnizare SA; addendum concluded in Semester I 2020
Electrica informs its shareholders and investors about the extension, on 14 April 2020, by four months (until 15 August 2020) of the duration of a legal act with a value greater than EUR 50,000 concluded in December 2019 with Electrica Furnizare, affiliate, where Electrica is the main shareholder.
Details regarding the addendum concluded by Electrica, as beneficiary, with Electrica Furnizare, as service supplier, containing information about the date of execution, type of legal act, description of its scope, total value of the legal act, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.
The independent limited assurance report performed by the financial auditor regarding the transactions reported by Electrica according to art. 82 of Law no. 24/2017 will be made public in maximum 30 days from the end of the reporting period, according to the provisions of art. 144 letter B para (4) of FSA Regulation no. 5/2018.
Chief Executive Officer
Georgeta Corina Popescu
Annex 1: Details regarding the reported addendum, concluded by Electrica in Semester I 2020, and the legal act of the kind listed in Art. 82 of Law No. 24/2017, concluded by Electrica in Semester II 2019 Service Supplier: Electrica Furnizare S.A. Beneficiary: Societatea Energetica Electrica S.A. | |||||||||
Company | Agreement Type and No., execution date | Scope of the agreement | Amount (RON th.) | Date of entry into force | Expiry date | Receivables/mutual debts | Guarantees (RON th.) | Penalties | Payment due dates and payment methods |
Electrica Furnizare S.A. | Addendum no. 1 to the Products supply agreement no. 137/19.12.2019 | Installation of automatically adjustable compensation batteries | 12.1 | 19 December 2019 (date of the agreement) | 15 August 2020 |
RON 30,066,451 debt of Societatea Energetica Electrica SA towards Electrica Furnizare SA.
| N/A | Beneficiary: has the right to perceive and invoice as penalties a sum equivalent to 0.04% for each day of delay, calculated from the value of the unfulfilled agreement obligations, until completing the agreement obligations, without exceeding this value. Payment due dates: 15 days from the date of issue of the penalties invoice. Service supplier: has the right to invoice as penalties a sum equivalent to 0.04% per day, calculated from the unpaid amount, until the completion of the payment obligations, without exceeding the unpaid amount. Payment due dates - 15 days from the date of issue of the penalties invoice. | 30 days from the date of receipt of the invoice |
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