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

Mon, 01/22/2018 - 20:30

Please be informed by the present Current Report, that ALRO S.A. concluded with the company Vimetco ExtrusionS.R.L., (member of Alro’s group registered at the Financial Supervisory Authority)the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4.6614 RON/EUR; 3.7984 RON/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.

109/22.01.2018

Addendum no. 11 to the service contract no. E 1153 bis/2006 regarding the contract extension until the date of 31.12.2018 and processing price establishment

6,725,841

-

-

With payment order within 30 days from invoice issue date

2.

110/22.01.2018

Addendum no.4 to the non-hazardous scrap sale contract no.4600008580/2013 on extending the contract duration to December 31, 2018 and establishing the scrap estimated amount: 280 tons+/- 10%;

1,781,287

-

-

90 days from the invoice issue date and offsetting

 

President of the Board of Directors                                     Chief Executive Officer

     Marian Daniel Nastase                                                   Gheorghe Dobra