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Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALUM S.A. & Sierra Mineral Holdings 1 Limited)
Mon, 11/15/2021 - 19:10Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 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., carried out during the period August 1st 2021 – October 31st 2021, with the company Sierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., 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 2021, amounting to RON 50,219,273, as follows:
- Transactions of ALUM S.A., subsidiary of ALRO S.A., with the company Sierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., carried out during the period August 1st 2021 – October 31st 2021 in total amount of RON 55,830,799.
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during August 1st 2021 – October 31st 2021;
- Annex 2 - Reporting of contracts related to the transactions in Annex 1;
- Annex 3 - Reporting of mutual debts and receivables (balances) as of October 31st 2021.
