Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALUM S.A. & CONEF GAZ S.R.L.)

Fri, 01/14/2022 - 20:16

 Significant event to be reportedReporting of transactions with related parties according to art. 108paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of 14 January 2022, one new transaction based on a purchase contract, whose cumulated value with the other transactions concluded/ carried out within the last 12 months, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2021, amounting to RON 50,219,273.

Details regarding the transaction concluded on 14th January 2022 by ALUM S.A., subsidiary of ALRO S.A., as buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as seller, containing information on the transactions date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

 

Chairman of the Board of Directors                                                                                                 Chief Executive Officer

        Marian Daniel Nastase                                                                                                                  Gheorghe Dobra

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