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Report according art. 82 Law 24/2017 - Contract concluded in H2 2018

Release Date: 10/25/2018 2:18:16 PM

IRIS Code: 66730

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, ASF Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 25 October 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 3,459,399,290

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 2018 – Services contracts to the distribution subsidiaries


Electrica informs its shareholders and investors about the conclusion, on 24 October 2018, of a legal act with a value greater than EUR 50,000, with Societatea de Distributie a Energiei Electrice „Muntenia Nord” SA (SDMN), affiliate, where Electrica is the main shareholder.

Details regarding the agreement concluded by Electrica, as service supplier, with SDMN, as beneficiary, containing information about the date of execution, type of legal act, description of its scope, total value of the legal act, expiry date, mutual debts, guarantees, penalties, payment due dates and payment methods are presented in Annex 1 to the current report.

The independent limited assurance report performed by a financial auditor regarding the transactions reported by Electrica according to art. 82 of Law no. 24/2017 will be made public in maximum 30 days from the end of the reporting period acccording to the provisions of art. 144 letter B para (4) of ASF Regulation no. 5/2018. 



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 2018

Service Supplier: Societatea Energetica Electrica S.A.                                                                                                                            

Beneficiary: Societatea de Distributie a Energiei Electrice „Muntenia Nord” SA



Agreement Type and No.

Scope of the agreement

Amount (RON th.)

Date of execution/ entry into force

Expiry date

Mutual debts

Guarantees (RON th.)


Payment due dates and payment methods

Societatea de Distributie a Energiei Electrice „Muntenia Nord SA

Services contract no. 219/24.10.2018

Rendering services in the  AMR system


1 Oct 2018

28 Feb 2019

RON 1,280.72 th. receivable of Societatea Energetica Electrica SA from Societatea de Distributie a Energiei Electrice „Muntenia Nord SA


Beneficiary: Any non-payment of the amount owed to the supplier will be subject to a 0.005% penalty for each day of delay exceeding 30 days after the invoice has become due.

45 days from the invoice communication date




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