REG - Soc EnergElectricaSA - Transactions related parties EFSA - OPCOM
03/12/2021 16:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211203:nRSC5750Ua&default-theme=true
RNS Number : 5750U Societatea Energetica Electrica SA 03 December 2021
To: Romanian
Financial Supervisory Authority (ASF)
Bucharest Stock Exchange (BVB)
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 December 2021
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 para (12) of Law No. 24/2017 concluded by Electrica Furnizare SA
(EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica), with
OPCOM
Electrica informs its shareholders and investors about the conclusion, on 2
December 2021, of several transactions between EFSA, Electrica's subsidiary,
and OPCOM, that have a value that, cumulated with the rest of the transactions
concluded/executed in the period 5 October - 2 December 2021, exceeds the
threshold of 5% of Electrica's net assets, according to Electrica's individual
financial statements for 2020, respectively exceeds the value of RON
202,466,778.
Details regarding the transaction concluded on 2 December 2021, together with
the rest of the transactions already concluded in the period 5 October - 2
December 2021, 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 Annex 1.
CEO
Georgeta Corina
Popescu
Annex 1: Details regarding the transactions concluded by EFSA with OPCOM in
the period 5 October - 2 December 2021 of the kind listed in Art. 108 of Law
No. 24/2017
Agreement Type and No., execution date Scope of the agreement Amount of transactions Date of entry into force Expiry date Guarantees (RON th.) Penalties (RON th.) Payment due dates and payment methods
Buyer: EFSA
Seller: OPCOM
Convention No. 38156/ 18 Aug 2021 Sell - purchase of electricity - DAM 311,248.45 18 August 2021 undetermined 25,000 - OPCOM S.A. issues the invoices with the date of the last day of the delivery
month and sends them, electronically signed, by e-mail, to the DAM
Participants in the first three working banking days of the month following
the delivery month. The DAM participant has the obligation to ensure the
necessary funds in the current account opened with the Settlement Bank, in
order to debit the amounts related to the value of the net payment
obligations.
Convention No. 38156/ 18 Aug 2021 Trading and administration tariffs - DAM 57.91 18 August 2021 undetermined N/A - The invoice is issued and sent electronically (by e-mail) in the first 3
working days of the month following the month in which the electricity sale /
purchase transactions were made.
The payment of the invoice is made by the participant at the respective
market, entirely by bank transfer, with payment order, in maximum 5 (five)
working days from the date of receipt of the invoice.
Convention PCCB-NC 38105/ 17 aug 2021 Trading tariff PCCB-NC 188.70 17 August 2021 undetermined N/A - The invoice related to the bilateral trans T value (to which VAT is added, as
the case may be) is sent electronically (by e-mail) in the first 3 working
Convention PCCB LE FLEX 38104/ 17 aug 2021 Convention PCCB LE FLEX 26829/2020 days of the month following the month in which the electricity sale-purchase
transactions were made. Payment by bank transfer, with payment order, in
Convention PC OTC 38107/ 17 aug 2021 Trading tariff PCCB-LE FLEX maximum 5 working days from the date of receipt of the invoice.
Convention PCV 38108/ 17 aug 2021; 17 August 2021
Convention PCV 90958/2017 Trading tariff PC PC-OTC
Convention PC ESRE CV 38106/ 17 aug 2021
Trading tariff PCV 17 August 2021
Trading tariff PC ESRE CV 17 August 2021
17 August 2021
Convention for Participation on the Intraday Market no. 38103/ 17 Aug 2021 Sell - purchase of electricity - IM 14,914.88 17 August 2021 undetermined 3,500 - OPCOM S.A. issues the invoices with the date of the last day of the delivery
month and sends them, electronically signed, by email, to the Participants in
the IM in the first three working banking days of the month following the
month of delivery.
The IM participant has the obligation to ensure the necessary funds in the
current account opened at the Settlement Bank, in order to debit the amounts
related to the value of the net payment obligations.
Convention for Participation on the Intraday Market no. 38103/ 17 Aug 2021 Trading and administration tariffs - IM 3.77 17 August 2021 undetermined N/A - The invoice is issued and sent electronically (by e-mail) in the first 3
working days of the month following the month in which the electricity sale /
purchase transactions were made.
The payment of the invoice is made by the participant at the respective
market, entirely by bank transfer, with payment order, in maximum 5 (five)
working days from the date of receipt of the invoice.
Convention NGM - short term 42678/2019 Trading tariff - NGM 0.53 26 August 2019 undetermined N/A - Payment is made in maximum 5 working days from the date of receipt of the
invoice.
Add. 3/13 Jul 2021 Trading tariff - REMIT
Buyer: OPCOM
Seller: EFSA
Convention No. 38156/ 18 Aug 2021 Sell - purchase of electricity - DAM 41,199.45 18 August 2021 undetermined N/A - DAM participants issue invoices, with the date of the last day of the delivery
month and send them to OPCOM S.A. by e-mail / fax, in the first three working
banking days of the month following the month of delivery and in original or
with electronic signature, at the latest by the 10(th) of the month following
the month of delivery.
Convention for Participation on the Intraday Market no. 38103/ 17 Aug 2021 Sell - purchase of electricity - IM 8,773.83 17 August 2021 undetermined N/A - IM Participants issue the invoices, with the date of the last day of the
delivery month and send them to OPCOM S.A. by e-mail / fax, in the first three
working banking days of the month following the month of delivery and in
original or with electronic signature, at the latest by the 10(th) of the
month following the month of delivery.
Total executed amount during 5 October - 2 December 2021: RON 367,387.52 th.
Due and not due mutual receivables of EFSA to OPCOM at 29.11.2021: RON
16,537.17 th.
Due and not due mutual debts of EFSA to OPCOM at 29.11.2021: RON 109,183.84
th.
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCUOVVRANUURAARecent news on Societatea Energetica Electrica SA
See all newsREG - Soc EnergElectricaSA - EGMS Resolution Effect on Dividend Payment Date
AnnouncementREG - Soc EnergElectricaSA - EGMS Resolution
AnnouncementREG - Soc EnergElectricaSA - OGMS Resolution - 25 April 2024
AnnouncementREG - Soc EnergElectricaSA - Related parties transactions - EFSA - TEL
AnnouncementREG - Soc EnergElectricaSA - Related parties transactions - DEER - EFSA
Announcement