REG - S.N.G.N. Romgaz S.A. - Related Party Transactions acc. to art. 108 Law 24

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

26/10/2023 11:15

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RNS Number : 4257R  S.N.G.N. Romgaz S.A.  26 October 2023

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 26, 2023

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: 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:

·      S.N.G.N. Romgaz S.A. concluded a transaction of the type listed
at art. 108 from Law no. 24/2017 and art. 234 paragraph 1, letter i) from FSA
Regulation no. 5/2018

 

According to the provisions of art.108 of Law no. 24/2017, republished, and
art. 234 paragraph 1,letter i) from F.S.A. Regulation no. 5/2018, S.N.G.N.
Romgaz S.A. reports the concluding of one new transaction with the affiliated
party S ELECTROCENTRALE București S.A. The cumulated value of the new
transaction with the transactions previously concluded with the aforementioned
affiliated party, for a period of 12 months, exceeds both 5% of 2022 net
assets value according to the latest financial reporting and also 10% of the
2022 net turnover.

 No  Name of the Affiliate              Date and nature of the transaction                           Transaction scope                            Value of transaction/  Total cumulated value of the Contract  Mutual receivables  Issued guarantees  Terms/ Payment                                    Other information

                                                                                                                                                  addendum               (VAT exclusive)                                                               Methods                                           -penalties-

                                                                                                                                                  (VAT exclusive)        -RON-

                                                                                                                                                  -RON-
 1   S ELECTROCENTRALE București S.A.   Gas sale purchase Contract no PET18 from September 27, 2023  Gas sale purchase                            316,649,766.20         316,649,766.20                         -                   -                  Advance payment;                                  Delay

                                                                                                     (period November 1, 2023 - March 31, 2024)                                                                                                        Due 30 days from monthly regularization invoice   penalties of

                                                                                                                                                                                                                                                                                                         0.10%

                                                                                                                                                                                                                                                                                                         per day

 

Conclusion of Contract no. PET18/ September 27, 2023 was approved by S.N.G.N.
Romgaz S.A. Ordinary General Meeting of Shareholders by Resolution no.
14/October 25, 2023.

 

 

Chief Executive
Officer,
Chief Financial Officer,

Răzvan
POPESCU
Gabriela TRÂNBIȚAȘ

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