Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & Vimetco Extrusion SRL)
Thu, 12/15/2022 - 17:17
Significant 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 October 1st, 2022– November 30th, 2022 with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that 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, as follows:
- Transactions of ALRO S.A. withVIMETCO EXTRUSION S.R.L., carried out, during the period October 1st, 2022 – November 30th, 2022, in total amount of RON 88,142,479.
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during the period October 1st, 2022- November 30th, 2022;
- Annex 2 - Reporting of contracts related to the transactions in Annex 1;
- Annex 3 - Reporting of mutual debts and receivables balances as of November 30th, 2022.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
Marian-Daniel NĂSTASE | Gheorghe DOBRA |
Chairman of the Board of Directors | Chief Executive Officer |