REG - Soc EnergElectricaSA - Related Parties Transactions - DEER-OPCOM
05/01/2024 08:30
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RNS Number : 7806Y Societatea Energetica Electrica SA 05 January 2024
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 January 2024
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: Transactions with related parties according
to Art. 108 of Law No. 24/2017 concluded by Distributie Energie Electrica
Romania SA (DEER), subsidiary of Societatea Energetica Electrica SA
(Electrica) and OPCOM
Electrica informs its shareholders and investors about the
conclusion/execution, in the period 1 September 2023 - 4 January 2024 of some
transactions between DEER, 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 September 2023, respectively
exceeds the value of RON 198,760,627.
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.
Note: Some invoices issued in the previously reported period were received,
for reasons independent of DEER, after the previous reporting date, 1
September 2023, therefore the transactions related to these invoices were
included in this report.
CFO
Stefan Frangulea
Annex: Details regarding the transactions concluded by DEER and OPCOM between
1 September 2023 - 4 January 2024 of the kind listed in Art. 108 of Law No.
24/2017
Agreement Type and No., execution date Scope of transactions Amount Date of entry into force Expiry date Guarantees (RON th.) Penalties Payment due dates and payment methods
(RON th.)
Provider: OPCOM
Beneficiary: DEER
DEER no.124/T/10/ 6 Jan 2021 Purchase of electricity - DAM 27,686.98 4 Jan 2021/ undetermined N/A Daily payment by direct debiting of the DEER account.
OPCOM no. 07/ 4 Jan 2021 / 13 Nov 2023 33,000
DEER no.6165/08Dec2023 OPCOM no.47987/13Nov2023
Trading tariffs - DAM 78.67 N/A Payment by bank transfer, with payment order, within a maximum of 5 working
days from the date of receipt of the invoice.
The invoice is considered paid on the date of registration of the payment in
the bank statement of OPCOM.
DEER nr.89/09Jan2023 Representation on the REMIT energy market (ACER report - details of wholesale 2.80 6 Jul 2021 undetermined N/A N/A The payment of the invoice is made, by the participant in the respective
energy contracts) market, in full, by bank transfer, with a payment order, within a maximum of 5
OCOM nr. 325/04Jan2023 (five) working days from the date of receipt of the invoice.
DEER no.4821/04Oct2023 OPCOM no.39559/21Sep2023 Administration tariff on PCB 27.60 21 Sep 2023 undetermined N/A N/A Payment of the invoice shall be made, by the market participant concerned, in
full, by bank transfer, with a payment order, within a maximum of 5 (five)
working days from the date of receipt of the invoice.
Convention Purchase of electricity on MACEE 232,687.85 23 Dec 2022 31 Dec 2024 203,000 N/A Daily payment by direct debiting of the DEER SA account for the month of
January 2023
DEER no.6587/19 Dec 2022
OCOM no. 52761/13 Dec 2022
Agreement
DEER no.6826/29 Dec 2022
OCOM n0. 55430/23 Dec 2022 AD1 55430/23 Dec 2022
Agreement
DEER no.
9/03Jan2024
OPCOM no. 54164/27Dec2023
Trading tariff on MACEE 166.25 23 Dec 2022 31 Dec 2024 N/A Payment by bank transfer, with payment order, within a maximum of 5 working
days from the date of receipt of the invoice.
The invoice is considered paid on the date of registration of the payment in
the bank statement of OPCOM
Provider: DEER
Beneficiary: OPCOM
DEER no.124/T/10/ 6 Jan 2021 OPCOM no. 07/ 4 Jan 2021 / Sale of electricity - DAM) 17,582.07 4 Jan 2021/ undetermined 33,000 N/A Daily collection by direct debiting of the DEER SA account
DEER no.6165/08Dec2023 OPCOM no.47987/13Nov2023 13 Nov 2023
Total executed amount during 1 September 2023 - 4 January 2024: RON 278,232.21
th
Due and not due mutual receivables of DEER from OPCOM on 3 January 2024: RON
1,877,42 th.
Due and not due mutual debts of DEER to OPCOM on 3 January 2024: RON
104,944.87 th.
Note: According to the document "SUMMARY of the procedure regarding the
invoicing and payment of the regulated tariff practiced by the electricity
market operator for the services provided to the participants in the
centralized electricity and green certificate markets", available on the OPCOM
website here
(https://www.opcom.ro/uploads/doc/FPA/5SINTEZA%20rev.5%20Procedura%20fact.-%20en%20el_lb%20romana16.12.2020.pdf)
, whose provisions are also taken over in EFSA's internal procedures /DEER,
invoices are issued by OPCOM, as well as by the OPCOM market participant,
respectively the ELSA branch, and sent electronically in the first three
working days of the month following the month in which the sale/purchase
transactions were carried out, and the date of the invoice must be the last
day of the month in which the transactions were made and must reach the
partner within the first 10 calendar days of the following month. Thus,
although the transactions and invoices are dated the last day of the previous
month, ELSA reporting is carried out within a maximum of 24 hours from the
date of actual receipt/transmission by electronic means of the invoices
from/to OPCOM.
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