Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & VIMETCO EXTRUSION S.R.L.)

Thu, 09/15/2022 - 17:57

Significant 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 July 1st, 2022 – August 31st, 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 first 6 months of 2022, in amount of RON 53,695,300, as follows:

  • Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., carried out during the period July 1st, 2022 – August 31st, 2022, in total amount of RON 89,489,277.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during the period July 1st, 2022 – August 31st, 2022;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3 - Reporting of mutual debts and receivables balances as of August 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

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