REG - Soc EnergElectricaSA - Litigation settlement (Electrica - EFSA)

Societatea Energetica Electrica SAAnnouncement

24/06/2019 13:45

RNS Number : 2229D
Societatea Energetica Electrica SA
24 June 2019
 


To:                              Bucharest Stock Exchange (BVB)
Romanian Financial Supervisory Authority (ASF)
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: 24 June 2019
Company name: Societatea Energetica Electrica S.A.
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 3,459,399,290
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE)
 
Significant events to be reported:
 
Settlement of the litigation between Electrica and Electrica Furnizare SA
 
Electrica informs that on 20 June 2019 the Bucharest Court rejected the request filed by Electrica Furnizare SA ("EFSA") against the mother company Societatea Energetica Electrica SA ("Electrica") in the file no. 2869/3/2019 (announced on 19 March 2019 through the current report published on BSE - IRIS code 1252D and on LSE - RNS number 3500T). The claims requested by EFSA amounted to RON 17,274,162, representing the value of the invoices paid by EFSA in the absence of supporting documents, as noted by the Court of Accounts through Report no. 2835 / 17 May 2013 and Decision no. 20 / 17 June 2013, as well as the payment of the related legal interest.
 
The decision is not final and it may be appealed within 30 days from its communication.
 
Chief Corporate Governance and M&A Officer  
Alexandra Borislavschi
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCFIMTTMBJTBAL