Current report in compliance with of article no. 923 of Law no. 24/2017 (ALRO S.A. & VIMETCO EXTRUSION S.R.L.)

Wed, 12/30/2020 - 13:14

 Please 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), on the date of December 30th 2020, a new transaction, based on contract for electricity sales, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. standalone financial statements for the year 2019, in amount of RON 37,077,541.

Details regarding the transaction concluded on December 30th 2020 by ALRO S.A., as seller, with VIMETCO EXTRUSION S.R.L., as buyer, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

2017 Financial Statement Annex 1 – Reporting of the transaction concluded on December 30th 2020 and of mutual receivables and debts (balances) as of 30 November 2020

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