If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Wednesday, December 12, 2018 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News


Report according art. 82 Law 24/2017 of Sem. II 2017

Release Date: 1/3/2018 5:18:06 PM

IRIS Code: FA39A

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, the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 3 January 2018

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 3,459,399,2903

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

Significant events to be reported: Legal acts of the kind listed in Art. 82 of Law No. 24/2017 concluded by Electrica in Semester II 2017

Electrica informs its shareholders and investors about the conclusion, on December 29, 2017, of a legal act with a value greater than EUR 50,000 with Filiala de Intretinere si Servicii Energetice „Electrica Serv” SA, affiliate, where Electrica is the sole shareholder.

Details regarding the agreement concluded by Electrica, as beneficiary, with Filiala de Intretinere si Servicii Energetice „Electrica Serv” SA, as service provider, containing information about the date of execution, type of legal act, description of its scope, total value of the legal act, expiry date, mutual claims, guarantees, penalties, deadlines and payment methods are presented in Annex 1 to the current report.

The report of factual findings regarding the transactions reported by Electrica according to art. 82 of Law no. 24/2017 that will be performed by a financial auditor, will be made public in maximum 30 days from the end of the reporting period acccording to the provisions of art. 113 letter G para (6) of CNVM Regulation no. 1/2006.


Dan Catalin Stancu

Annex 1: Details regarding legal acts of the kind listed in Art. 82 of Law No. 24/2017 concluded by Electrica in Semester II 2017

Beneficiary: Societatea Energetica Electrica S.A.

Service Supplier: Filiala de Intretinere si Servicii Energetice „Electrica Serv” SA

Agreement Type and No.

Scope of the agreement

Amount (RON th.)

Date of execution/ entry into force

Expiry date

Mutual claims

Guarantees (RON th.)


Deadlines and payment methods

Subsequent Agreement no. 344/29.12.2017

Auto transportation services for Electrica SA for the period 1 January 2018 - 30 June 2018


29 Dec 2017

30 Jun 2018



Supplier: If, due to its exclusive fault, the supplier does not fulfil the obligations assumed in the agreement, or delays are encountered, the Beneficiary has the right to invoice daily penalties in amount of 0.04% from agreement value, until the obligations are fulfilled by the supplier.

Beneficiary: in case the Beneficiary does not pay the invoice in accordance with article 10.1, the Supplier has the right to invoice daily penalties in amount of 0.04% from outstanding balance, until the agreement obligations are fulfilled.

30 calendar days from the receipt of invoice at e-mail plati.furnizori@electrica.ro


Information provided by IRIS, the news platform of the Bucharest Stock Exchange.


Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2016 Bucharest Stock Exchange. All rights reserved