Current report in compliance with of article no. 92 ind 3 of Law no. 24/2017 (ALRO SA & VIMETCO EXTRUSION SRL)

Thu, 12/17/2020 - 17:22

Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), on the date of December 17th 2020, a new transaction, based on contract for metal scrap procurement, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. standalone financial statements for the year 2019, in amount of RON 37,077,541.

Details regarding the transactions concluded on December 17th 2020 by ALRO S.A., as buyer, with VIMETCO EXTRUSION S.R.L., as seller, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

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