REG - OMV Petrom S.A. - OMV Petrom S.A. to pay solidarity contribution tax

OMV Petrom SAAnnouncement

15/05/2023 16:30

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RNS Number : 4685Z  OMV Petrom S.A.  15 May 2023

 

OMV Petrom S.A.

Ad hoc report

In compliance with Law no. 24/2017 on issuers of financial instruments and
market operations (republished) and Financial Supervisory Authority Regulation
no. 5/2018 on issuers of financial instruments and market operations as
amended ("Regulation no. 5/2018")

 

Date of report: 15 May 2023

Name of issuer: OMV Petrom S.A. ("OMV Petrom")

Headquarters: Bucharest, 22 Coralilor Street, District 1, ("Petrom City")

Telephone/fax number: +40 372 161930/ +40 372 868518

Sole registration number at the Trade Register Office: 1590082

Fiscal attribute: RO

Trade Register Number: J 40/8302/1997

Share capital: RON 6,231,166,705.80

Regulated market on which the issued securities are traded: Bucharest Stock
Exchange and London Stock Exchange

 

 

Significant event to be reported:

OMV Petrom to pay an additional tax representing solidarity contribution

 

On 12th May, 2023, the Law no. 119/2023 for the approval of the Government
Emergency Ordinance 186/2022 for the implementation of the Council Regulation
(EU) 2022/1854 regarding the solidarity contribution was published in the
Official Gazette.

For companies that produce and refine crude oil, the law introduces the
obligation to pay RON 350 for each tonne of crude oil processed in 2022 and
2023.

Consequently, OMV Petrom estimates a solidarity contribution of approximately
RON 1,500 mn for the fiscal year 2022, to be paid at the end of June 2023.
This will be reflected in Q2/23 in the Income Statement as a separate line
after "Profit before tax" position.

For Q1/23, the amount of the solidarity contribution is estimated at
approximately RON 380 mn and will also be reflected in Q2/23 result. The
contribution for the full year 2023 will be paid at the end of June 2024.

 

 

Christina Verchere
                                      Alina Popa

Chief Executive Officer
                                     Chief Financial
Officer

President of the Executive
Board
Member of the Executive Board

 

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