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Current report in compliance with of article no. 82 of Law no. 24/2017
Mon, 11/11/2019 - 13:32Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSION S.R.L. (member 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. |
P102319-208 Addendum no.6 to the sale-purchase contract no. I 3050/2019 |
Modification of the processing premium for the quantity of 5,840 Mt +/- 2% of aluminium billets, series 6060/6063/6005, and 6082 to be delivered within the period October– December 2019 |
50,474,378* |
ALRO Receivables 28,141,180 ALRO Debts 398,458 |
- |
45 days from delivery, at the most |
|
2. |
ALRO S.A. (Lessor) |
1029/07.11.2019 Addendum no.2 to equipment rental contract no.4600013521/2017 |
Amendment of the annex no.1 on rented property and the amount of rent |
209,292** |
ALRO Receivables 28,141,180 ALRO Debts 398,458 |
- |
PO within 30 days from the invoice issue date or by compensation |
Note:
*this estimated value is included in the value of the contract reported on the date of February 14th, 2019.
**the value has been calculated for the period of 1 year since the contract duration is indefinite, the total value of the contract cannot be determined.
***the mutual debts are calculated according to the accounting records on the date of October 31st, 2019.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
