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S.N.G.N. ROMGAZ S.A. - SNG

Supplementary Report - Depogaz Contracts - Achieved Values

Release Date: 4/11/2019 12:10:36 PM

IRIS Code: C4455

 

SUPPLEMENTARY REPORT

In compliance with art. 82 of Law 24/2017 regarding Issuers of Financial Instruments and Market Operations

 

Report date: April 11, 2019

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County – Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

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

 

 

Important event to be reported:

 

·         Total achieved value of two contracts concluded by S.N.G.N. ROMGAZ S.A. with S.N.G.N. ROMGAZ S.A. – Filiala de

Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L.

 

Taking into consideration that the current reports published by S.N.G.N. ROMGAZ S.A on April 24, 2018 and on December 13, 2018 contains information regarding the estimated value, respectively the partially achieved value of the contracts, in compliance with Annex no. 12 of ASF Regulation no. 5/2018, S.N.G.N. ROMGAZ S.A reports the total achieved value of two contracts concluded with S.N.G.N. ROMGAZ S.A. – Filiala de Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L., as follows:

 

No

Party to the Agreement

Agreement No and date 

Scope of Agreement

Achieved Contract Value

including VAT

(RON)

Terms and Payment Methods

Mutual Receivables

Issued Guarantee

Penalties

(%/day)

1

S.N.G.N. ROMGAZ S.A. – Filiala de Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L.

Contract no. 4 /April 1, 2018

Natural gas underground storage services

(period April 1, 2018 – March 31, 2019)

68,395,512.08

Payment within 15 calendar days from the issue of invoice

-

-

see note

Note: Nonfulfillment of invoice payment obligations implies the application of a delay penalty, calculated on the outstanding amount, equal to the penalty interest for outstanding payment of budgetary obligations, for each day of delay, starting with the 16th calendar day from the invoice issue date until the full payment, including the payment date, in case of payment default within 15 calendar days from the due date.

2

S.N.G.N. ROMGAZ S.A. – Filiala de Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L.

Contract no. 58/April 1, 2018

Natural gas underground storage services (period April 1, 2018 – March 31, 2019)

18,438,815.78

Payment within 15  calendar days as of the invoice issue date

-

-

see note

Note: Nonfulfillment of invoice payment obligations implies the application of a delay penalty, calculated on the outstanding amount, equal to the penalty interest for outstanding payment of budgetary obligations, for each day of delay, starting with the 16th calendar day from the invoice issue date until the full payment, including the payment date, in case of payment default within 15 calendar days from the due date.

 

Chief Executive Officer,

Constantin Adrian VOLINTIRU

 



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