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TMK - ARTROM S.A. - ART

Report according art. 82 Law 24/2017

Release Date: 12/21/2018 5:41:44 PM

IRIS Code: 33F4A

 

 

Current Report

regarding the information provided in art. 82 paragraph (1) of the Law no. 24/2017 and of Regulation no. 5/2018 on issuers of financial instruments and market operations

 

 

Date of the Report:  21 December 2018

Name of the issuing entity: TMK- ARTROM S.A. Slatina

Registered office: 30 Draganesti, Slatina, Olt, Romania

Telephone/fax number: +40249436862/ +40249434330

Registered in the Trade Register under no: J28/9/1991

Tax Identification Number: RO1510210

Unique Identifier at European Level (EUID): ROONRC.J28/9/1991

Code LEI: 315700M25SMOU44FAN52

Subscribed capital: 291.587.538,34 RON

Subscribed and paid up share capital: 291.587.538,34 RON

Regulated market where the issued securities are transacted: Bucharest Stock Exchange - STANDARD Category (market symbol ART)

 

 

Important events to be reported according to art. 82 paragraph (1) of the Law no. 24/2017 and of Regulation no. 5/2018 on issuers and transactions with securities:

 

1. TMK- ARTROM S.A. (‘The Buyer’) reports the conclusion of an addendum to the acquisition contract IN-119 dated 01.09.2014 cu TMK-INOX LLC (‘The Seller’) a Russian company, having its registered office in Kamensk-Uralsky, Sverdlovsk region, Russia, (‘The Seller and The Buyer together 'The Parties’), a company that is under common control with TMK-ARTROM S.A., Alteration Agreement no. 712 dated 20.12.2018 which extends the validity of the contract up to 31.12.2020.

 

            2. TMK- ARTROM S.A. (‘The Borrower’) reports the conclusion of an addendum to the Loan Agreement (the 'Agreement') Agreement w\n dated 01.12.2008 with TMK EUROPE GmbH (‘The Creditor’) a German company, having its registered office in Dusseldorf, Germany (‘The Creditor’ and The Borrower’ together 'The Parties’), a company that is under common control with TMK-Artrom S.A, Addendum no. 4 dated 21.12.2018 through which is agreed the payment of  1.000.000 USD in the second half of  2019, but not later than 31.12.2019, and the rest of 17.037.540.03 USD will be reimbursed in 42 instalments of 400.000 USD, of which the last one will have the value of  237.540.03 USD, on 25 of each month, starting with January 2020.

 

Chief Executive Officer,                                                                                      Chief Economical and  

Ing. Popescu Adrian                                                                                            Accountancy Officer    Ec. Vaduva Cristiana

 

 



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