To: Bucharest Stock Exchange (BSE)
London Stock Exchange (LSE)
Romanian Financial Supervisory Authority (FSA)
Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code
Report date: 16 December 2019
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 (BSE) and London Stock Exchange (LSE)
Significant events to be reported:
Fiscal inspection report - Societatea de Distributie a Energiei Electrice Muntenia Nord SA subsidiary
Electrica informs that, on 13 December 2019, a fiscal inspection report from the Local Taxes Department within Galati City Hall was communicated to the subsidiary Societatea de Distributie a Energiei Electrice Muntenia Nord SA. This report established additional payment obligations representing building tax for the period 01.01.2012-31.12.2015 in the total amount of RON 24,831,293, of which principal in amount of RON 12,051,535 and related delay penalties computed as of October 2019, in amount of RON 12,779,758.
Societatea de Distributie a Energiei Electrice Muntenia Nord SA will challenge the fiscal inspection report using all possible legal actions.
CEO Chief Strategy Officer
Georgeta Corina Popescu Anamaria Acristini-Georgescu
