If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
Thursday, July 18, 2019 
Market Status: CLOSE
About us and Governance Investor Relations Contact
Advanced search

Market News


S.N. NUCLEARELECTRICA S.A. - SNN

Report according art. 82 Law 24/2017

Release Date: 6/11/2019 4:41:08 PM

IRIS Code: 1AE33

 

 

Current Report as per art. 82 under Law 24/2017 on concluding certain legal documents with persons involved with the shareholders controlling the company

Reporting date: 11.06.2019

Name of the issuing entity: Societatea Nationala NUCLEARELECTRICA S.A.

Registered office: Strada Polona nr. 65, Sector 1, Bucuresti

Phone/fax number: 021-203.82.00 / 021 – 316.94.00

Sole Registration Code with the Trade Register Office: 10874881 Order number: J40/7403/1998

Subscribed and paid share capital: 3.015.138.510 lei

Regulated market on which the issued securities are traded: Bucharest Stock Exchange

 

 

To:                         Bucharest Stock Exchange

                                Financial Supervisory Authority

 

 

Important event to be reported:

Transaction of the kind listed in Art. 82 of Law No. 24/2017 regarding the issuers of financial instruments and market operations

 

Societatea Nationala Nuclearelectrica S.A. ("SNN") informs the shareholders and the investors about the conclusion, on 07.06.2019, of a certain legal document with a cumulated value greater than 50,000 Euro, with the Energy Distribution Company Muntenia Nord , entity involved with the Romanian state, the majority shareholder of SNN.

 

Details on the contract concluded by SNN, as seller, containing information about the contract object and total value, about mutual receivables, guarantees and payment terms and methods, are showed in Appendix 1.

 

 

 

Cosmin Ghita

 

Chief Executive Officer

 

  

 


No.

Parties to the legal document

Number and date of the legal document

Legal document type

Object of the document

Total amount

Mutual receivables

Issued guarantees

Payment terms and methods

Penalties

1.

SNN SA -     Energy Distribution Company Muntenia Nord

07.06.2019/529

Contract

Wholesale energy supply

Period:

01.01.2020-

31.12.2020

24.595.200,00 lei

n/a

4.368.000,00

lei

Payment no later than the 7th working day since the reception of the invoice. The invoice is issued on the first working day of the month following the delivery month.

Awarded on PCCB-NC.

Penalty interest for each day of delay, calculated by applying to the unpaid amount a percentage equal to the one applied when calculating the due interest for unpaid obligations to the state budget, starting with the day after the due date and until the debt is paid, inclusively.

The value of the bank guarantee letter issued in favour of SNN is in amount of 2.459.520,00 lei, valid until  25.01.2021.

 

 

                                                                                                                       

 



 Print

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


©2016 Bucharest Stock Exchange. All rights reserved