REG - Soc EnergElectricaSA - Final settlement of case against ANRE

Societatea Energetica Electrica SAAnnouncement

16/11/2022 15:30

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RNS Number : 6696G  Societatea Energetica Electrica SA  16 November 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, and the
Bucharest Stock Exchange Code

Report date: 16 November 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 (BSE) and London Stock Exchange (LSE)

Significant events to be reported: final settlement of case against ANRE

 

Electrica informs shareholders and investors that, on 15 November 2022, the
High Court of Cassation and Justice definitively settled the case no.
340/2/2016, against ANRE, rejecting Electrica's recourse as unfounded (the
case was also dismissed on merits).

 

The object of the file is Electrica's request for (i) partial annulment
(regarding the specific tariffs) of ANRE Order no. 171/2015 regarding the
approval of specific tariffs for the electricity distribution service and the
price for reactive electricity for the Societatea Filiala de Distribuție a
Energiei Electrice Transilvania Sud S.A (SFDEETS), currently Distributie
Energie Electrica Romania S.A., (ii) issuance by ANRE of a new order
establishing the specific tariffs for the electricity distribution service for
SFDEETS, for the year 2016, in compliance with the applicable legal provisions
and (iii) cancellation of ANRE address no. 5319/26 January 2016, by which the
previous complaint was resolved.

 

Filing the action has been communicated through the current report dated 19
January 2016, published on the Bucharest Stock Exchange and London Stock
Exchange (with RNS Code 3094M).

 

Chief Executive Officer

Alexandru Aurelian CHIRITA

 

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