REG - S.N.G.N. Romgaz S.A. - Current Report - Electrocentrale Buc_Feb.26, 2016 <Origin Href="QuoteRef">ROSNG.BX</Origin>

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

26/02/2016 10:50

RNS Number : 3059Q
S.N.G.N. Romgaz S.A.
26 February 2016
CURRENT REPORT
In compliance with the Romanian Capital Market Law No. 297/2004, Art.224 and
CNVM Regulation No. 1/2006
Report date: February 26, 2016
Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.
Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130
Phone/fax no: 004-0269-201020 / 004-0269-846901
Fiscal Code: RO14056826
Trade Register registration number: J32/392/2001
Subscribed and paid in share capital: 385,422,400 RON
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)
Significant event to be reported:
 Continuing the contractual relationship with S.C. Electrocentrale Bucuresti S.A.
S.N.G.N. ROMGAZ S.A. Board of Directors decided during the Board meeting held on February 25, 2016 to continue the commercial relations with S.C. Electrocentrale Bucuresti S.A by concluding an addendum for March 2016 (March 01 - March 31, 2016). The addendum shall have the same contractual provisions as those provided in the contract no.34/2015. 
The Board of Directors assigns the management of the company to take further steps in order to conclude a rescheduling agreement for the debt of Electrocentrale Bucuresti S.A., until March 10, 2016, conditional upon obtaining guarantees pursuant to the Decision nr.23/2015 of S.N.G.N. ROMGAZ S.A. Board of Directors. Otherwise, Romgaz will file the court action against Electrocentrale Bucuresti S.A., through simple procedure, until March 15, 2016. 
 
 Director General,
 Virgil - Marius METEA

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