Current report in compliance with article no. 92 ind. 3 of Law no. 24/2017 (VIMETCO EXTRUSION S.R.L.)

Thu, 10/01/2020 - 20:35

 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 1st  October 2020 two new transactions based on sales contracts, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, i.e. in the period 1st  September 2019 – 31st  August 2020, exceed the limit of 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, as follows:

  • Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., concluded/ carried out in the period 1st September 2019 – 31st August 2020 in total amount of RON 208,562,042
  • Details on the contracts concluded on 1st October 2020 by ALRO S.A. as seller with the Company VIMETCO EXTRUSION S.R.L. as buyer, in estimated amount of RON 53,505,543.

Details have been enclosed to this Report, as follows: