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ALRO S.A. - ALR

Report according art. 82 Law 24/2017

Release Date: 11/9/2017 2:10:00 PM

IRIS Code: 52D1B

 To: The Financial Regulating Authority

 Bucharest Stock Exchange 

 

Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations 

Date of report: November 09, 2017

Name of issuer: Alro S.A.

Headquarters: Slatina, 116 Pitesti Street, Olt County

Telephone/ fax number: +40 249 431 901 / +40 249 437 500

Sole registration number at the Trade Register Office: RO 1515374

Trade Register Number: J28/8/1991

The European Unique Identifier (EUID): ROONRCJ28/8/1991

Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98

Subscribed and paid-in share capital: 356,889,567.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock Exchange-Standard Category (market symbol: ALR)

 

Please be informed by the present Current Report, that the company ALRO S.A. concluded with the company Vimetco Management Romania S.R.L. the following transactions, whose cumulate effects are the reduction of the total payment obligations of Alro and  whose cumulated values amount to over EUR 50,000 (the exchange rate is 4.6198 RON/EUR; 3.9810 RON/USD and the calculated values are exclusive of VAT):

 

 Vimetco Management Romania S.R.L.

No.

Number and date

Object

Estimated total value (RON)*

Mutual debts

Guarantee

Payment terms

and means

1.

1625/09.11.2017

Addendum no.10 to the Consultancy Agreement no. 4600002904/22.10.2008, modifying the monthly amount for the provided services and extending the agreement duration until December 31, 2018. The Parties agree to extend the agreement automatically by successive 1 (one) year periods, except when either Party notifies the other Party in writing on such former Party’s refusal to continue the agreement at least 30 (thirty) days before the completion of each of the 1 (one) year period.

14,025,000

-

-

Within maximum

5 days from the beginning of every contractual calendar month

2.

1624/09.11.2017

Addendum no.2 to the Consultancy Agreement no. 4600007848/21.03.2013 on termination of the agreement starting October 1, 2017

-

-

-

-

 

Note

*for the period October – December 2017 the value reported in the Current Report dated 28th January 2016 was 835,000 lei/month.  

 

 

President of the Board of Directors                                     Chief Executive Officer

         Marian Daniel Nastase                                                 Gheorghe Dobra

 

 



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