REG - Soc EnergElectricaSA - Execution of Market Making agreements

Societatea Energetica Electrica SAAnnouncement

20/12/2022 13:15

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RNS Number : 3558K  Societatea Energetica Electrica SA  20 December 2022

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, FSA Regulation no. 5/2018 on issuers of
financial instruments and market operations, and the Bucharest Stock Exchange
Code

Report date: 20 December 2022

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: Execution of market making agreements with
BRK Financial Group and Wood&Co

 

Electrica informs its shareholders and investors that, on 19 December 2022, it
executed two agreements for market making services for the Issuer with BRK
Financial Group and Wood & Company Financial Services a.s. (Wood&Co)
for a period of 2 years, starting with 3 January 2023, with the possibility of
extension.

"Electrica's inclusion into the FTSE Russell indices series is one of our main
objectives for the next period, and signing with the two biggest players on
the local market-making market is the optimal measure to achieve this goal,
which will implicitly have a positive effect on the market value and
visibility of Electrica, for the benefit of our current shareholders, as well
as for the benefit of our future investors", declared Alexandru-Aurelian
Chirita, CEO of Electrica.

The two liquidity providers will each display firm quotations for buying (BID)
and selling (ASK), respectively packages of at least 37,000 shares, for at
least 90% of the trading period, at a maximum difference of 2% between quotes.

 

 

CEO

Alexandru Chirita

 

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