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

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

05/04/2024 14:00

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RNS Number : 5476J  S.N.G.N. Romgaz S.A.  05 April 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: April 05, 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: 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 three transactions 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 three new transactions with the
affiliated parties E.ON ENERGIE ROMANIA S.A. and S ELECTROCENTRALE Bucuresti
S.A. The cumulated value of the new transactions with the transactions
previously concluded with the aforementioned affiliated parties, 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   E.ON ENERGIE ROMANIA S.A.         Gas sale Contract no F15 from April 05, 2024   Gas sale                                   1,501,450,417.38       1,501,450,417.38                       -                   Letter of bank guarantee  30 days from invoicing                            Delay

                                                                                      (period April 01, 2024 - April 01, 2025)                                                                                                                                                                 penalties of

                                                                                                                                                                                                                                                                                               0.10%

                                                                                                                                                                                                                                                                                               per day
 2   S ELECTROCENTRALE Bucuresti S.A.  Gas sale Contract no PET4 from April 05, 2024  Gas sale                                   379,435,933.86         379,435,933.86                         -                   -                         Advance payment;                                  Delay

                                                                                      (period April 01, 2024 - April 01, 2025)                                                                                                               Due 30 days from monthly regularization invoice   penalties of

                                                                                                                                                                                                                                                                                               0.10%

                                                                                                                                                                                                                                                                                               per day
 3   S ELECTROCENTRALE Bucuresti S.A.  Gas sale Contract no VG27 from April 05, 2024  Gas sale                                   320,219,845.35         320,219,845.35                         -                   -                         Advance payment;                                  Delay

                                                                                      (period April 01, 2024 - April 01, 2025)                                                                                                               Due 30 days from monthly regularization invoice   penalties of

                                                                                                                                                                                                                                                                                               0.10%

                                                                                                                                                                                                                                                                                               per day

 

 

 

Chief Executive
Officer,
Chief Financial Officer,

Razvan
POPESCU
Gabriela TRANBITAS

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