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Tuesday, December 11, 2018 
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SOCIETATEA ENERGETICA ELECTRICA S.A. - EL

Intercompany Loans

Release Date: 3/7/2018 6:15:22 PM

IRIS Code: 4A92E

Societatea Energetica Electrica S.A.

9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania

Phone: 021-208 59 99; Fax: 021-208 59 98

Fiscal Registration Certificate RO 13267221

J40/7425/2000

Share capital: 3.459.399.290 RON

www.electrica.ro

 

 


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: 7 March 2018

Company name: Societatea Energetica Electrica S.A.

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 3,459,399,290

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

Significant events to be reported:

 

Approval for granting intercompany loans by Societatea Energetica Electrica S.A. (“Electrica S.A.”) in favor of the distribution subsidiaries in order to finance part of the 2018 CAPEX plan

 

During the meeting held on 7 March 2018, the Board of Directors of Electrica S.A. approved the granting by Electrica S.A. of intercompany loans in favour of the distribution subsidiaries up to a total amount of RON 520 million for financing the 2018 CAPEX plan and mandated the executive management to decide on the split of the total amount per each distribution subsidiary (SDEE Distributie Muntenia Nord S.A., SDEE Distributie Transilvania Sud S.A., SDEE Distributie Transilvania Nord S.A.), as needed.

 

CEO,

Dan Catalin STANCU

 

 



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