29 Mar 2016 13:39
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CURRENT REPORT
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In compliance with the Romanian Capital Market Law No. 297/2004, Art.224 and
CNVM Regulation No. 1/2006
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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)
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Significant event to be reported:
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Ā· Continuing the contractual relationship with S.C. Electrocentrale Bucuresti S.A.
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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:
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a) negotiate with Societatea Electrocentrale BucureČti 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 BucureČti S.A with respect to the debt.
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Director General,
Virgil - Marius METEA
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