Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 225 of the Capital Markets Law no. 297/2004

Thu, 02/23/2017 - 09:42

Please be informed by the present Current Report, that ALRO S.A. concluded with the companies VIMETCO EXTRUSION S.R.L., ALUM S.A. (members of Alro Group registered with the Financial Supervisory Authority) the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4.5217 RON/EUR; 4.3066RON/USD and the calculated values are exclusive of VAT):

VIMETCO EXTRUSION S.R.L.

No.

Number and date

Object

Estimated total value (RON)*

Mutual debts

Guarantee

Payment terms

and means

1.

224/10.02.2017

Addendum no. 6 to the contract nr.01/2007 regarding the setting up of the price for the electric power delivered in the year 2017

2,608,530

-

-

-Within 7 calendar days from the advance payment invoice issue date;

-Within 15 calendar days from the adjustment invoice issue date


ALUM S.A.

No.

Number and date

Object

Estimated total value (RON)*

Mutual debts

Guarantee

Payment terms

and means

1.

261/20.02.2017

Addendum no. 21 to the contract nr.02/2006 regarding the setting up of the price for the electric power delivered in the year 2017

21,906,575

-

-

-Within 7 calendar days from the advance payment invoice issue date;

-Within 15 calendar days from the adjustment invoice issue date


Note

*this value represents an amendment of the value of the contract reported on 31st January 2017.

President of the Board of Directors                                     Chief Executive Officer

         Marian Daniel Nastase                                                Dr. ing Gheorghe Dobra