REG - Soc EnergElectricaSA - 2020 CAPEX Plan

Societatea Energetica Electrica SAAnnouncement

26/02/2020 16:35

RNS Number : 2512E
  
Societatea Energetica Electrica SA
  
26 February 2020
  
 

To:                              Bucharest Stock Exchange (BSE)
                                    London Stock Exchange (LSE)
                                    Romanian Financial Supervisory Authority (FSA)
 
Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code
Report date: 26 February 2020
Company name: Societatea Energetica Electrica S.A. (Electrica)
Headquarters: 9 Grigore Alexandrescu Street, 1st 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 3,464,435,970
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)
 
Significant events to be reported: Approval of the consolidated investment plan (CAPEX) of Electrica Group for 2020
 
During the meeting held on 26 February 2020, the Board of Directors approved the consolidated value of the Investment Plan (CAPEX) of Electrica Group for 2020, in total amount of RON 678.2 mn. Out of this value, RON 597 mn represents the investment plan (CAPEX) of the distribution subsidiaries. 
 
 
We mention that the planned value of the investments that must be commissioned during 2020 by the distribution operators of Electrica Group is RON 606.2 mn, of which RON 13 mn represents investments related to 2019.
 
 
 
Chief Executive Officer                                                                      
Georgeta Corina Popescu                                                                                                                                                      


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