Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations

Fri, 08/25/2017 - 16:41

Please be informed by the present Current Report, that ALRO S.A. concluded with the company ALUM S.A.., (member of Alro’s group registered at the Financial Supervisory Authority)the next transaction whose value to over EUR 50,000 (the exchange rate is 4,5886 RON/EUR; 3,8923 RON/USD, the calculated value does not include VAT):

ALUM S.A.

No.

Number and date

Object

Estimated total value (RON)

Mutual debts

Guarantee

Payment terms and means

1.

1158/18.08.2017

Addendum no.22 to the Contract no. 02/2006 concerning the pricing for electrical energy introduction into  the network starting with July 1st, 2017 and alteration of the delay penalties amount.

12,691,746

-

-

-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 a revision of the contract value for the period July-December 2017, the contract was reported on    February 23rd, 2017.

 

President of the Board of Directors                                     Chief Executive Officer

         Marian Daniel Nastase                                                Dr. ing Gheorghe Dobra