Current report in compliance with Regulation no. 1/2006 of NSC and with the stipulations of article no. 225 of the Capital Markets Law no. 297/2004
Fri, 10/21/2016 - 15:57
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) and with company CONEF GAZ S.R.L.the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4,5046RON/EUR; 4,1085 RON/USD and the calculated values are exclusive of VAT):
Vimetco Extrusion S.R.L.
| No. | Number and date | Object | Estimated total value (RON) | Mutual debts | Guarantee | Payment terms and means |
| 1. | P101816-246 | Addendum no.4 to the contract no. I 2545/2016 regarding the setting of the processing premium for the quantity of 5,524 Mt. of aluminium billets, type 6060/6063/6005 and 6082, which is to be delivered within the period October - December 2016 | 44,640,570* | - | - | Maximum 90 days from delivery |
CONEF GAZ S.R.L.
| No. | Number and date | Object | Estimated total value (RON) | Mutual debts | Guarantee | Payment terms and means |
| 1. | 1265/17.10.2016 | Addendum no.12 to contract no.114/2010 - the gas delivery by Conef Gaz SRL to Alro S.A during October 01st 2016 - April 30th 2017 | 23,535,680 ** | - | - | Payment of in advance with regularization until the 15th of the month following delivery |
Note:
* this estimated value is included in the value of the contract reported on 21.01.2016.
** the corresponding value for the period October 01st, 2016 – April 30th, 2017 can also be found in the addendum no.11 to contract no.114/2010, which was reported on May 11, 2016.
| Marian-Daniel NĂSTASE | Gheorghe DOBRA |
| Chairman of the Board of Directors | Chief Executive Officer |