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Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & Vimetco Extrusion SRL)
Fri, 10/14/2022 - 18:17Significant 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 September 1st – 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 first 6 months of 2022, amounting to RON 53,695,300 and concluded one new transaction on the date of October 14th, 2022, as follows:
- Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., carried out, during the period September 1st - 30th, 2022, in total amount of RON 40,069,307.
- Details on the transaction concluded on October 14th, 2022 by ALRO S.A. as Seller, with the company VIMETCO EXTRUSION S.R.L., as Buyer, in estimated amount of RON 129,032,574
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during the period September 1st - 30th, 2022;
- Annex 2 - Reporting of contracts related to the transactions in Annex 1;
- Annex 3 - Reporting of transaction concluded on October 14th, 2022and of mutual debts and receivables balances as of September 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
