28 Jun 2022 16:38
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 28, 2022
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:
§ S.N.G.N. ROMGAZ S.A. amended today, June 28, 2022, by concluding an addendum, a legal document of the kind provided in art.234 paragraph 1, letter i) of ASF Regulation no. 5/2018 regarding issuers of financial instruments and market operations
Pursuant to art. 234 paragraph 1, letter i) of ASF Regulation no. 5/2018, S.N.G.N. ROMGAZ S.A. reports the amendment of a legal document the value of which exceeds 10% of the net revenue for 2021, as follows:
Today, June 28, 2022, S.N.G.N. ROMGAZ S.A. ("ROMGAZ"), as borrower and Raiffeisen Bank S.A. ("Raiffeisen") and Banca Comercială Română S.A. ("BCR"), as lenders, signed the Addendum no. 1 to the Bank Loan Agreement no. 37843/March 30, 2022 ("Loan Agreement"), pursuant to which the parties have agreed for BCR to join the Loan Agreement, as lender, with the consequent conversion of the Loan Agreement from a bilateral loan agreement to a syndicated loan agreement, without additional costs for ROMGAZ. Thus, BCR aligns to the funding terms originally offered by Raiffeisen, under the Loan Agreement, and therefore to the funding offer designated by ROMGAZ as the winner following the selection process (including in terms of interest, default interest, compensations, costs and expenses). The Addendum no. 1 to the Loan Agreement has been executed according to the conditions approved by the Board of Directors of ROMGAZ in the meeting held on June 27, 2022, in accordance with the conditions provided by art. 1 and art. 2 of the resolution of the Ordinary General Meeting of Shareholders of ROMGAZ no. 12 from 10 December 2021.
We recall that ROMGAZ reported to the market on 30 March 2022 the conclusion of the Loan Agreement in order to finance part of the purchase price for all shares issued by (and representing 100% of the share capital of) Exxon Mobil Exploration and Production Romania Limited, agreement executed according to the conditions approved by the resolution of the Ordinary General Meeting of Shareholders of ROMGAZ no. 12 from 10 December 2021.
Aristotel Marius JUDE Razvan POPESCU
Chief Executive Officer Chief Financial Officer