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OLTCHIM S.A. RM. VALCEA - OLT

Report according art. 82 Law 24/2017

Release Date: 1/15/2018 11:28:02 AM

IRIS Code: 68739

Registration no:497/15.01.2018

To:

Bucharest Stock Exchange

Financial Supervisory Authority

Financial Instruments and Investors Sector

 

Current report according to art. 82 of Law 24/2017

 

Date of report: January 15, 2018

Name of the company: Oltchim S.A. Rm. Valcea

Registered office: Rm. Valcea, 1 Uzinei Street

Fax number: 0250/735030/736188

Phone number: 0250/701200

Unique Registration Code:RO1475261

Trade Register Number: J38/219/1991

The European Unique Identifier (EUID): ROONRCJ38/219/1991

Legal Entity Identifier (LEI): 254900KXPD2OOC2LLX56

Subscribed and paid up capital: 34,321,138.30 lei

Regulated market on which the issued shares are traded: BSE, market symbol OLT

Event to be reported:

Transactions of the type listed in art. 82 of the Law no.24 / 2017

Oltchim SA, as beneficiary, informs shareholders and investors about the conclusion of the following contract with a value of more than 50,000 Euros with the company Sistemplast SA Rm. Valcea, as contractor, where it holds 94.4% of the share capital:

 

Number of the contract and closing date

DA 17479/32119/09.01.2018

Nature of the contract

Service provision

Term of the contract

Until the parties fulfill their obligations but not more than 12 months from the date of signing

Description of the contract scope

Conducting of technical tests in operation for technical investigations/ examinations for the purpose of assessing the technical condition, estimating the remaining service life and establishing the safe operation conditions for pressure fluids / steam pipes according to PT C6-2010 and PT C10- 2010 at the Liquified Gaseous Storage Facility (DGL) of Oltchim SA

Value excluding VAT

260,654.30 lei

Guarantees

-

Penalties

-0.1% per day of delay for the first 15 days (first day of delay is the first day after maturity)

-10% per day of delay from day 16, calculated at the value of the unfulfilled obligation,fulfilled improperly or with delay

Deadlines and payment methods

The Beneficiary will pay the technical expertise in two steps, based on the invoices issued by the Contractor, with a maturity of 60 days from the receipt of them, of the technical report and of the technical documentation related to the pipes

Mutual claims on 12.01.2018

Oltchim SA owes to Sistemplast SA the amount of 163,689.25 lei

Oltchim SA has no receivables from Sistemplast SA

 

 

Legal  Administrator

ROMINSOLV SPRL

 

Legal  Administrator

BDO BUSINESS RESTRUCTURING SPRL       

 

 Special Administrator

 Bogdan Stanescu

Deputy General Director

Victor Avram

 

 

 

Economic Director

Alin  Smeu

 

 

 

 



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