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

Extension of suspension for the Notice of termination - CTE Iernut Contract

Release Date: 6/3/2021 2:06:30 PM

IRIS Code: F7CE3

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and  Market Operations  and A.S.F. Regulation no. 5/2018

 

Report date: June 3, 2021

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)

 

Significant event to be reported:

 

·    The extension of the suspension of the notice of termination of the Public Procurement Contract No. 13384/2016, having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, concluded between S.N.G.N. ROMGAZ S.A., as Purchaser and the Consortium consisting of DURO FELGUERA S.A. and S.C. ROMELECTRO S.A., as Executor

 

In compliance with the provisions of Law No. 24/2017 and Article 234, paragraph 1 from F.S.A. Regulation No 5/2018, S.N.G.N. ROMGAZ S.A. informs its shareholders and investors upon the fact that on June 2, 2021 it extended the suspension period of the notice of termination of the Public Procurement Contract No. 13384/2016 having as object the Development of Iernut Power Plant (Iernut CTE) by building a new 430 W power plant, with Combined Cycle Gas Turbine, until June 16, 2021.

 

The decision to extend the suspension of the notice of termination of the Public Procurement Contract No. 13384/2016 was taken following the Executor’s letter registered at S.N.G.N. ROMGAZ S.A. under no 17490 from June 2, 2021 requesting a further extension of the suspension period of the notice of termination, in order to negotiate and agree upon a solution to ensure the completion and enforceability of the investment objective, the soonest possible.

 

 

Chief Executive Officer,

Aristotel Marius JUDE

 



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