No. 988 /February 17, 2021
To: FINANCIAL SUPERVISORY AUTHORITY (F.S.A.)
BUCHAREST STOCK EXCHANGE (B.S.E.)
From: ROMPETROL RAFINARE S.A.
CURRENT REPORT prepared in compliance with the provisions of Law no. 24/2017 on issuers of financial instruments and market operations and Regulation no. 5/2018 on issuers of financial instruments and market operations
Report date: February 17, 2021
ROMPETROL RAFINARE S.A.
Registered Seat: Navodari, 215 Navodari Blvd. (Administrative Building), Constanta County
Telephone number: 0241/506100
Fax number: 0241/506930; 506901
Number of registration with the Trade Registry: J13/534/1991
Sole Registration Code: 1860712
Subscribed and paid-up capital: RON 4,410,920,572.60
Regulated market on which the securities are traded: Bucharest Stock Exchange (market symbol RRC)
Significant events to report: Reporting of transactions with related parties according to art. 923 of Law 24/2017, as amended and supplemented by Law no. 158/2020
|
No.
|
Name of the Affiliate party
|
Nature of the relationship with the Affiliate
|
Type and No. Contract, date of conclusion
|
Object of transactions
|
Transaction value
|
Guarantees constituted
|
Terms and methods of payment
|
|
0
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
|
Transactions of ROMPETROL RAFINARE S.A. (Issuer) as Beneficiary
|
|
1
|
UZINA TERMOELECTRICA MIDIA S.A.
|
Affiliate
|
Contract nr RR 2/21.12.2020 (registered under no. UTM 69/25.11.2020)*
|
Sale-purchase of thermal energy
|
Approx. RON 87,268,243
(equivalent to the estimated value of USD 21,284,937, at the reference rate of
4.1 RON/1 USD).
Value without VAT
|
NA
|
45 calendar days from the date of issuing the invoice
|
|
Other transactions concluded by Rompetrol Rafinare S.A. (Issuer) in January 2021
|
|
1
|
KMG ROMPETROL SRL - as Coordinating Company
|
Affiliate
|
RR loan agreement registered under no. 3 from 04.08.2014 *
|
Running of Available Funds Optimization System of the companies within the Rompetrol Group (Cash pooling)
|
The value of the average balance** of the RON cash pooling account in January 2021 was
- RON 1,089,509,895.55 and the net interest expense this month was
- RON 3,432,564.96.
|
NA
|
For the Loan/ Credit: daily depending on the payment needs or maturity date (one year from the signing date which is the contract termination date) for the existing balance
|
|
The value of the average balance** of the USD cash pooling account in January 2021 was
- USD 142,948,219.40 and the net interest expense was
- USD 337,749.33.
|
|
The value of the average balance** of the EUR cash pooling account in January 2021 was
EUR 13,969,342.53 and the net interest income was EUR 22,120.85.
|
(*) Contract the value of which is estimated (the final value is unknown upon reporting). The value is estimated based on the Budget for 2021
(**) The average balance was calculated based on daily balances, which in some days had the nature of claim, and in others - the nature of debt.
Due and not due mutul debts of Rompetrol Rafinare S.A. to Uzina Termoelectrica Midia S.A. at December 31st, 2020: RON 8,964,455.23
Due and not due mutul debts of Rompetrol Rafinare S.A. to KMG Rompetrol S.R.L at December 31st, 2020: RON 78,840,452.53
Abbreviations:
NA - not applicable
General Manager: Felix Crudu-Tesloveanu
Financial Manager: Ramona-Georgiana Galateanu