En
Ro
Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & VIMETCO EXTRUSION S.R.L.)
Fri, 07/15/2022 - 16:17Significant event to be reported:Reporting of transactions with related parties according to art. 108paragraph 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 May 1st, 2022 – June 30th, 2022 with the company VIMETCO EXTRUSION S.R.L. (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 year 2021, amounting to RON 53,659,613 and concluded one new transaction on the date of July 15th, 2022, as follows:
- Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., carried out, during the period May 1st, 2022 – June 30th, 2022, in total amount of RON 86,505,701.
- Details on the transaction concluded on July 15th, 2022 by ALRO S.A. as Seller, with the company VIMETCO EXTRUSION S.R.L., as Buyer, in estimated amount of RON 146,815,500
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during the period May 1st, 2022 – June 30th, 2022;
- Annex 2 - Reporting of contracts related to the transactions in Annex 1;
- Annex 3 - Reporting of transaction concluded on July 15th, 2022and of mutual debts and receivables balances as of June 30th, 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
