t
| Date | 5 Jan 2022 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 4820X |
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: 4 January 2022
Company name: Societatea Energetica Electrica S.A. (Electrica)
Headquarters: 9 Grigore Alexandrescu Street, 1st 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 of Law No. 24/2017 concluded by Distributie Energie Electrica Romania SA (DEER), subsidiary of Societatea Energetica Electrica SA (Electrica) and OPCOM
Electrica informs its shareholders and investors about the conclusion, on 31 December 2021, of one transaction between DEER and OPCOM, that have a value that, cumulated with the rest of the transactions concluded/executed in the period 1 October 2021 - 31 December 2021exceeds 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 31 December 2021, together with the rest of the transactions already concluded in the period 1 October 2021 - 31 December 2021, which led to exceeding the threshold, 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 DEER and OPCOM between 1 October 2021 - 31 December 2021 of the kind listed in Art. 108 of Law No. 24/2017
|
Agreement Type and No., execution date |
Scope of transactions |
Amount (RON th.) |
Date of entry into force |
Expiry date |
Guarantees (RON th.) |
Penalties |
Payment due dates and payment methods |
|
Provider: OPCOM Beneficiary: DEER |
|||||||
|
DEER no.124/T/10/ 6 Jan 2021 OPCOM no. 07/ 4 Jan 2021 |
Purchase of electricity - DAM |
344,386.59 |
6 January 2021 |
undetermined |
40,000 |
N/A |
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 DAM Participants in the first three working banking days of the month following the delivery month. The payment is made daily by direct debiting the DEER account. 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 |
|
Trading tariffs - DAM |
58.09 |
N/A |
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 in the respective market, entirely by bank transfer, with payment order, in maximum 5 (five) working days from the date of receipt of the invoice. |
|||
|
Administration tariffs - DAM |
13.02 |
The invoice is issued and transmitted electronically (by e-mail) within a maximum of 5 working days from the date of registration. The payment of the invoice is made by the participant in the respective market, entirely by bank transfer, with payment order, in maximum 5 (five) working days from the date of receipt of the invoice. |
|||||
|
DEER no.511/S/10/ 22 May 2020 OPCOM no. 28212/ 4 Jun 2020 DEER AA no.128/T/ 10/6 Jan 2021 OPCOM AA no. 32/ 4 Jan 2021 |
Purchase of electricity on PCCB LE-FLEX |
16.08 |
4 June 2020 |
undetermined |
N/A |
N/A |
Payment of the invoice is made by the participant in the respective market, in full, by bank transfer, with payment order, in maximum 5 (five) working days from the date of receipt of the invoice |
|
DEER no. 107/S/10/ 6 Jan 2021 OPCOM no.8/4 Jan 2021 |
Purchase of electricity - PCCB NC |
27.77 |
6 January 2021 |
undetermined |
N/A |
N/A |
Payment of the invoice is made by bank transfer, with payment order, in maximum 5 working days from the date of receipt of the invoice. |
|
DEER no.118/A/10/ 6 Jan 2021 OPCOM no. 6/ 4 Jan 2021 |
Purchase of electricity on PCCB OTC |
82.06 |
6 January 2021 |
undetermined |
N/A |
N/A |
The invoice is sent electronically (by email) monthly, in the first 5 working days of the month following the month for which the services are provided. Payment of the invoice is made by the participant in the respective market, in fully amount, by bank transfer, with payment order, in maximum 5 (five) working days from the date of receipt of the invoice |
Total executed amount during 1 October 2021 - 31 December 2021: RON 344,583.79 th
Due and not due mutual receivables of DEER to OPCOM at 30.12.2021: RON 0 th.
Due and not due mutual debts of DEER to OPCOM at 30.12.2021: RON 0 th.