Last checked at 1 Nov 2019 10:53
CURRENT REPORT
In compliance with Law no. 24/2017 and FSA Regulation no. 5/2018
Report date: November 1, 2019Company 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 an addendum to a contract whose initial value exceeds 10% of the 2018 net turnover
According to the provisions of art. 234 paragraph 1, letter i) from FSA Regulation no 5/2018, S.N.G.N. ROMGAZ S.A. reports the conclusion of the following addendum:
No | Party to the Agreement | Agreement No and date | Scope of Agreement | Estimated contract Value including VAT (RON) | Terms and Payment Methods | Mutual Receivables | Issued Guarantee | Penalties (%/day) |
1
| E.ON GAZ FURNIZARE S.A. | Addendum no. 1/25.10.2019 to Natural gas sales-purchase framework agreement no.VG50/April 24, 2019, concluded between gas producers and gas suppliers |
Gas sales-purchase for household customers consumption | 93,316,505.47 | Settlement invoice due within 15 days after issue | - | Letter of bank guarantee | Representing late payment interest rate for tax liability overdue payments |
Addendum no. 1/2019 modifies the quantity and price for Contr. no. VG50/2019 for the period November 1, 2019 - March 31, 2020, following ANRE Decision no. 1.765/October 15, 2019, therefore modifying the contract value. Thus, the total value of Contr. no. VG50/2019, for the period May 1, 2019 - March 31, 2019, is RON 624,825,331.35 VAT included, increased by RON 93,316,505.47 VAT included as compared to the previous reported value. | ||||||||
Addendum no. 1/2019 to Contr. no. VG50/April 24, 2019 was sent by E.ON GAZ FURNIZARE S.A. on October 31, 2019.
Chief Executive Officer,
Constantin Adrian VOLINTIRU