REG - Soc EnergElectricaSA - Litigation with a subsidiary

Societatea Energetica Electrica SAAnnouncement

03/05/2019 11:15

RNS Number : 0447Y
Societatea Energetica Electrica SA
03 May 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: 3 May 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:
Litigation between Electrica and its electricity supply subsidiary, Electrica Furnizare SA ("EFSA")
 
Electrica informs that EFSA filed a lawsuit for damages to the Bucharest Court (file no. 6665/3/2019) for ordering Electrica S.A. to pay the amount of lei 6,232,398.04, representing claims according to the Decision of the Court of Accounts no. 11/2016 and the Inspection Report of the Court of Accounts no. 5799/29.11.2016.
 
EFSA also requested, within the same file, that Electrica S.A. to pay the amount of lei 793,234.07 representing the legal interest calculated from the date when Electrica S.A. collected the sums of money (the total amount of which is lei 6,232,398.04) until 31 March 2019, as well as the legal interest calculated from 31 March 2019 until the date of execution of an enforceable court decision and the legal interest calculated from the date of the enforceable court decision up to the date of effective payment by Electrica S.A. of the principals debit in the amount of lei 6,232,398.04.
 
 
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
 
 
MSCUGUMUAUPBGUW