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Related Party Transactions acc. to art. 108 Law 24

24 Oct 2023 13:59

RNS Number : 1439R
S.N.G.N. Romgaz S.A.
24 October 2023
 

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: October 24, 2023

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. concluded two new transactions with the affiliated parties E.ON ENERGIE ROMANIA SA and ENGIE ROMANIA SA

 

According to the provisions of art.108 from Law no. 24/2017 (R) and art.234 letter i) from F.S.A. Regulation no 5 from 2018, S.N.G.N. Romgaz S.A reports the concluding of two new transactions with the affiliated parties E.ON ENERGIE ROMANIA SA and ENGIE ROMANIA SA. The cumulated value of the new transactions with the transactions previously concluded with these affiliated parties, for a period of 12 months, exceeds both 5% of S.N.G.N. Romgaz S.A. net assets value according to the latest financial reporting and also 10% of the 2022 net turnover.

 

No

Name of the Affiliate

Date and nature of the transaction

Transaction scope

Value of transaction/

addendum

(VAT exclusive)

-RON-

Total cumulated value of the Contract

(VAT exclusive)

-RON-

Mutual receivables

Issued guarantees

Terms/ Payment

Methods

Other information

-penalties-

1

E.ON ENERGIE ROMANIA SA

Gas sale purchase Contract no VG43 from October 23, 2023

Gas sale purchase

(period November 1, 2023 - March 31, 2024)

6,738,950

6,738,950

-

Letter of bank guarantee

30 days from invoicing

Delay

penalties of

0.10%

per day

2

ENGIE ROMANIA SA

Gas sale purchase Contract no VG42 from October 23, 2023

Gas sale purchase

(period November 1, 2023 - March 31, 2024)

356,528.60

356,528.60

-

Letter of bank guarantee

30 days from invoicing

Delay

penalties of

0.10%

per day

 

Chief Executive Officer, Chief Financial Officer,

Razvan POPESCU Gabriela TRANBITAS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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