REG - Soc EnergElectricaSA - Related parties transactions - EFSA - OPCOM

Societatea Energetica Electrica SAAnnouncement

05/03/2025 12:30

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RNS Number : 4932Z  Societatea Energetica Electrica SA  05 March 2025

To:                  Romanian Financial Supervisory Authority
(FSA)

                        Bucharest Stock Exchange (BSE)

                        London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial
instruments and market operations, FSA Regulation no. 5/2018 on issuers of
financial instruments and market operations, and the Bucharest Stock Exchange
Code

Report date:  5 March 2025

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1(st) District, Bucharest,
Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,395,530,040

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according
to Art. 108 of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA),
subsidiary of Societatea Energetica Electrica SA (Electrica), with OPCOM

Electrica informs its shareholders and investors about the
conclusion/execution, in the period 1 January - 28 February 2025, of some
transactions between EFSA, Electrica's subsidiary, and OPCOM, whose cumulated
value exceeds the threshold of 5% of Electrica's net assets, according to
Electrica's individual financial statements at 30 June 2024, respectively
exceeds the value of RON 200,247,479.

Details regarding these transactions, containing information about the date of
execution, type of transaction, description of its scope, total value of the
transaction, expiry date, mutual debts and receivables, guarantees, penalties,
payment due dates and methods are presented in the Annex below.

http://www.rns-pdf.londonstockexchange.com/rns/4932Z_1-2025-3-5.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4932Z_1-2025-3-5.pdf)

According to the contractual conditions between EFSA and OPCOM in the
conventions in the table in the annex, invoices are issued with the date of
the last day of the month of delivery and are sent electronically either in
the first three working banking days of the following month, or in the first 5
working days of the following month for which the services are provided/months
of delivery/months in which the transactions are carried out (see the column
"Terms and payment methods"). Thus, some of the invoices included in this
report were received and registered after 28 February 2025 (the date when the
reporting threshold was exceeded), this represents the reason for the date of
this report.

 

CFO

Stefan Frangulea

 

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