REG - Soc EnergElectricaSA - Repositioning EEV1 within the Electrica Group

Societatea Energetica Electrica SAAnnouncement

01/04/2022 17:00

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RNS Number : 0368H  Societatea Energetica Electrica SA  01 April 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, the Romanian Capital Market Law no.
297/2004, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 1 April 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)

Important events to report: Repositioning Electrica Energie Verde 1 SRL (EEV1)
within the Electrica Group

Electrica informs the shareholders and investors that, on 31 March 2022, at
the recommendation of the Strategy and Corporate Governance Committee, the
Board of Directors (CA) of Electrica:

-   decided to reposition EEV1 within the Group by concluding a transaction
between Societatea Electrica Furnizare SA (EFSA), as seller and sole
shareholder of EEV1, and Electrica Productie Energie S.A. (EPE), as buyer and

-   approved the granting of a loan, in the equivalent in RON of an amount
of up to EUR 9,541,000 for a maximum term of one year, by ELSA to EPE in order
to finance the acquisition of the shares of EEV1 as well as the takeover of
the related shareholder loans.

The transaction will have as object the acquisition by EPE of all the shares
of EEV1 for a price of EUR 9,541,000 and will be completed following the
signing of all relevant contracts and documents.

 

CEO

Georgeta Corina
Popescu

 

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