En
Ro
Current report in compliance with of article no. 82 of Law no. 24/2017
Wed, 08/14/2019 - 14:46
Please be informed by the present Current Report, that ALRO S.A. concluded with the companies VIMETCO EXTRUSION S.R.L. and ALUM S.A. (members of Alro Group registered with the Financial Supervisory Authority) the following transactions whose cumulated values exceed EUR 50,000 (currency exchange rate used by NBR is the one valid on the conclusion date of the legal document subject of the report; the calculated value does not include VAT):
|
No. |
Parties that have concluded the legal document |
Conclusion date |
Description of the object-matter of the legal document |
The total value of the legal document (RON) |
Mutual debts** (RON) |
Established guarantees, stipulated penalties |
Terms and modalities |
|
1. |
ALRO S.A. |
P080519 Addendum no.4 to the sale-purchase contract no. I 3050/2019 |
According to packaging management legislation (Law no.249/2015 concerning the management of packaging and packaging waste, as subsequently amended and supplemented), the new conditions that shall apply to all deliveries between June 2019-December 2019 have been agreed upon |
- |
ALRO Receivables 27,541,465 ALRO Debts 397,878 |
- |
45 days from the delivery, at the most |
|
2. |
ALRO S.A. |
P080519-153 Addendum no.5 to the sale-purchase contract no. I 3050/2019 |
Modification of the processing premium for the quantity of 6,127 Mt +/- 2% of aluminium billets, series 6060/6063/6005, and 6082, to be delivered within the period July – September 2019 |
55,003,667* |
ALRO Receivables 27,541,465 ALRO Debts 397,878 |
- |
45 days from delivery, at the most |
|
3. |
ALRO S.A. (Buyer)
|
847/13.08.2019 The sale-purchase contract no.4600016626/2019 |
Contract for sale-purchase of metallurgical products |
438,925.60 |
ALRO Receivables 484,113 ALRO Debts 8,089
|
-The seller shall pay a penalty of 0.1% of the value of the goods which are not delivered on time, for each day of delay; -The buyer shall pay a penalty of 0.1% of the amount which is not paid on time, for each day of delay |
Payment order, within 30 days from delivery date or offsetting |
Note:
*this estimated value is included in the value of the contract reported on the date of February 14th, 2019.
**the mutual debts are calculated according to the accounting records on the date of July 31st, 2019.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
