REG - Soc EnergElectricaSA - Resolution of Case - Competition Council fine

Societatea Energetica Electrica SAAnnouncement

18/04/2019 14:50

RNS Number : 6750W
Societatea Energetica Electrica SA
18 April 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: 18 April 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:
Resolution of Case no. 3883/2/2018
Electrica informs that, on 17 April 2019, The High Court of Cassation and Justice has resolved the case no. 3883/2/2018 definitively dismissing the request of suspension of the Competition Council Decision no. 77/20.12.2017, by which the Company was fined with the amount of lei 10,800,984.04, until the final resolution on the case no. 3889/2/2018, in which Electrica requested the cancellation of the sanction as being unlawful and unfounded and, alternatively, the reduction of the fine.
 
 
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
 
 
MSCXVLFFKZFZBBF