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Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & Alum S.A.)
Fri, 01/13/2023 - 19:20Significant event to be reported:Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 13 of Law no. 24/2017 - Republished
Please be informed by the present Current Report, that ALRO S.A. carried out during the period September 1st, 2022 – December 31st, 2022, with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2022, amounting to RON 53,695,300 and concluded a new contract on the date of January 13th, 2023, as follows:
- Transactions of ALRO S.A. withALUM S.A. Tulcea, carried out during the period September 1st, 2022 – December 31st, 2022, in total amount of RON 81,476,423.
- Details on the contract concluded on January 13th, 2023 by ALRO S.A. as Provider with the company ALUM S.A. Tulceaas Consumer, in total amount of RON 5,455,296.
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during the period September 1st, 2022 – December 31st, 2022;
- Annex 2 - Reporting of contracts related to the transactions in Annex 1;
- Annex 3 - Reporting of contract concluded on January 13th, 2023 and of mutual debts and receivables balances as of December 31st, 2022.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
