REG - S.N.G.N. Romgaz S.A. - Addendum to Loan Agreement with Romgaz Black Sea

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

25/10/2024 13:45

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RNS Number : 7264J  S.N.G.N. Romgaz S.A.  25 October 2024

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments
and Market Operations and A.S.F. Regulation no. 5/2018

 

Report date: October 25, 2024

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 3,854,224,000 RON

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BVB), London Stock Exchange (LSE)

 

Significant event to be reported:

 

·    Conclusion of Addendum no. 2/October 25, 2024 to the Loan Agreement
no. 42805/September 21,2023 between S.N.G.N. Romgaz S.A. and Romgaz Black Sea
Limited through Romgaz Black Sea Limited Nassau (Bahamas) - Sucursala
Bucuresti

 

In accordance with the provisions of Law no. 24/2017 (R) and the A.S.F.
Regulation no. 5/2018, Societatea Nationala de Gaze Naturale Romgaz S.A.
(ROMGAZ) informs its shareholders and investors that, following the provisions
of the OGMS Decision no. 12 from September 11, 2024, on October 25, 2024, was
concluded Addendum no 2 to the Loan Agreement no. 42805/September 21,2023
between ROMGAZ, as creditor and Romgaz Black Sea Limited through Romgaz Black
Sea Limited Nassau (Bahamas) - Sucursala Bucuresti (Bucharest Branch), as
borrower.

The object of the Addendum is to amend the drawdown period of the credit line,
by extending it until May 31, 2027. Furthermore, the borrower has the right to
reimburse the loan in advance, in whole or in part, and loan reimbursement and
interest payment may be performed in cash or by converting the borrower's
debts into shares.

The other provisions of the Loan Agreement remain unchanged.

 

As previously reported, the conclusion of the Loan Agreement no.
42805/September 21, 2023 was approved by the Decision of the Ordinary General
Meeting of ROMGAZ Shareholders no. 10/ July 27, 2023. Initially, the period of
use of the financing was set "between the date of signing the Loan Agreement
until the entire drawdown of the credit line, but not later than May 31, 2024"
and was subsequently extended until October 31, 2024, by Addendum no 1/ May
31, 2024. The events were subject of the Current Reports published at the
Bucharest Stock Exchange (IRIS Code: 91670 respectively, D9133) and the London
Stock Exchange (RNS Number 2166N respectively, 6962Q).

 

Chief Executive Officer,

Razvan POPESCU

 

Chief Financial Officer,

Gabriela TRANBITAS

 

 

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