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Current Report_Electrocentrale Buc_Mar.29, 2016

29 Mar 2016 13:39

RNS Number : 4181T
S.N.G.N. Romgaz S.A.
29 March 2016
 

 

CURRENT REPORT

 

In compliance with the Romanian Capital Market Law No. 297/2004, Art.224 and

CNVM Regulation No. 1/2006

 

Report date: March 29, 2016Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130Phone/fax no: 004-0269-201020 / 004-0269-846901

Fiscal Code: RO14056826

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:

 

· Continuing the contractual relationship with S.C. Electrocentrale Bucuresti S.A.

 

 

S.N.G.N. ROMGAZ S.A. Board of Directors decided on March 24, 2016 to continue the commercial relationship with S.C. Electrocentrale Bucuresti S.A. under the same contractual conditions as provided in contract no.34/2015 and the related addenda, correlated with the sale price approved in S.N.G.N. ROMGAZ S.A. Trading Policy and requests the Executive management to:

 

a) negotiate with Societatea Electrocentrale București S.A in order to increase the share of the amounts allocated to overdue payments from advance payments;

b) speed up legal proceedings against Societatea Electrocentrale București S.A with respect to the debt.

 

 

 

Director General,

Virgil - Marius METEA

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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