Societatea Energetica Electrica S.A. 9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania Phone: 021-208 59 99; Fax: 021-208 59 98 Fiscal Registration Code RO 13267221 J40/7425/2000

Share capital: 3.464.435.970 RON www.electrica.ro

To:

Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 15 September 2020

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,464,435,970

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) and

London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according to Art. 923 para

  1. of Law No. 24/2017 concluded by Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, in the period 11 and 15 September 2020, of three transactions between SDTN and EFSA, Electrica's subsidiaries, based on several agreements without fix price, that have a value that, cumulated with the rest of the transactions concluded/executed in the last 12 months, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, respectively exceeds the value of RON 199,406,795.

Details regarding the transactions concluded in the period 11-15 September 2020 by SDTN, as services provider, with EFSA, as beneficiary, containing information about the date of execution, type of transactions, description of their scope, total value of the transactions, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.

Details regarding the transactions concluded in the last 12 months between the parties, which lead to exceeding, at a cumulative level, the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, have been presented in the Current Report issued on 11 September 2020 (IRIS Code (BSE) CB6E5, respectively RNS Code (LSE) 8107Y).

Chirf Executive Officer

Georgeta Corina Popescu

1

Annex 1: Details regarding the transactions concluded between SDTN with EFSA in the period 11-15 September 2020 of the kind listed in Art. 923 of Law No. 24/2017

Parties of

Agreement

Amount

Date of entry

Expiry

Guarantees

Payment due dates and

the

Type and No.,

Scope of the agreement

Penalties

(RON th.)

into force

date

(RON th.)

payment methods

transaction

execution date

Service provider: SDTN

Beneficiary: EFSA

Penalty interest on this amount,

The issuing of the

Providing electricity

corresponding to the percentage of

invoice with the

distribution service by

interest due for non-payment of

amount for the

Electricity

the distribution operator

obligations

to

the

state budget,

contractual month

for users, end customers

calculated

for

each

day of delay

ended is made in the

distribution

of the supplier, whose

SDTN and

service

starting with the first day after the

first 10 working days

installations are

0.55

1 January 2016

N/A

0

EFSA MN

agreement no.

due date until the day of payment

of the month following

connected to the

425/SM / 23 Dec

(exclusive). The total amount of

each contractual month.

electricity network of the

2015

penalty interest may not exceed

Payment is made

distribution operator -

Other services provided

the amount due. There are 30 days

within 10 working days

as a distribution operator

of grace period (Percentage valid

from the date of receipt

at the date of reporting: 0.02%)

of the invoice

Providing electricity

Penalty interest on this amount,

The issuing of the invoice

distribution service by

corresponding to the percentage of

the distribution operator

interest due for non-payment of

with the amount for the

for the contractual month

Electricity

for users, end customers

obligations

to

the

state budget),

of the supplier, whose

calculated

for

each

day of delay

ended is made in the first

distribution

installations are

10 working days of the

SDTN and

service

starting with the first day after the

connected to the

1.82

1 April 2016

N/A

0

month following each

EFSA TN

agreement no.

due date until the day of payment

electricity network of the

contractual month.

103/ 10 Mar

(exclusive). The total amount of

distribution operator -

Payment is made within

2016

penalty interest may not exceed

Other services provided

10 working days from the

as a distribution operator

the amount due. There are 30 days

- interventions in the

of grace period (Percentage valid

date of issuing the

invoice.

distribution network

at the date of reporting: 0.02%)

2

Service provider: EFSA Beneficiary: SDTN

EFSA and

31

885/31 Dec 2015

Buildings rental services

3.76

1 January 2016

December

0

0

SDTN

2023

Transactions total amount (RON th.):

6.13

Due and not due mutual debts of EFSA to SDTN at 11.09.2020: RON 77,891.93 th.

Due and not due mutual debts of SDTN to EFSA at 11.09.2020: RON 596.73 th.

3

Payment is made within 10 days from the date of registration of the invoice to the tenant.

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Societatea Energetica Electrica SA published this content on 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 14:29:09 UTC