REG - Soc EnergElectricaSA - CFO's mandate

Societatea Energetica Electrica SAAnnouncement

04/01/2022 07:01

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RNS Number : 2461X  Societatea Energetica Electrica SA  04 January 2022

To:                              Romanian
Financial Supervisory Authority (ASF)

 
Bucharest Stock Exchange (BVB)

                                    London
Stock Exchange (LSE)

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

Report date: 3 January 2022

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 3,464,435,970

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

 

Significant events to be reported: Changes in the Management of the Company

Electrica informs the investors and shareholders that, on 3 January 2022, the
mandate agreement as Chief Financial Officer of Mr. Mihai Darie, will
effectively terminate upon the end of the 4-year duration.

At the same time, during the meeting held on 3 January 2022, the Board of
Directors of the Company decided the nomination of Mr. Stefan-Alexandru
Frangulea, Romanian citizen, as interim CFO, starting with 4 January 2022
until 31 December 2022.

Stefan-Alexandru Frangulea has over 20 years of experience in the
financial-banking and energy sectors, in areas such as: corporate banking,
corporate treasury, corporate finance, strategy, financial and capital
markets, general management, business development, in executive and management
positions.

In February 2018, Mr. Frangulea joined the Electrica team, as Director of the
Treasury Department. Also, from the spring of 2019, Mr. Frangulea was a member
of the Boards of Directors of the three distribution subsidiaries within
Electrica Group, SDEE Transilvania Nord SA, SDEE Transilvania Sud SA and SDEE
Muntenia Nord SA. Following the merger of these three subsidiaries, at the end
of 2020, Stefan-Alexandru Frangulea is currently a member of the Board of
Directors of Distributie Energie Electrica Romania S.A.

CEO
 
 

Georgeta Corina
Popescu

 

 

 

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