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Current report regarding transactions with affiliated parties

Release Date: 9/3/2020 1:10:20 PM

IRIS Code: 02E65



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: 03.09.2020

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: 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


Societatea Nationala Nuclearelectrica S.A. ("SNN") informs the shareholders and the investors about the conclusion, on 01.09.2020, of a transaction with a  value greater than 50,000 Euro on PCCB-NC market, with the Energy Distribution Company Electrica S.A. The cumulated value of the contracts concluded with Energy Distribution Company Electrica S.A by SNN, as seller, since the beginning of 2020 exceeds 10% of the net company’s turnover, as per the financial statements of 2019. As a consequence, in compliance with the provisions of art. 234 letter i) of the ASF Regulation no. 5/2018, SNN has the obligation to report the cumulated value of these transactions as well.


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.




Chief Executive Officer


Cosmin Ghita





Parties to the legal


Number and date of the legal document

Legal docume nt type

Object of the


Total amount





Payment terms and methods




Energy Distribution Company Electrica S.A

01.09.2020   1207


Wholesale energy supply




Value of the current contract:

19.315.800,00 lei

Cumulated value since the  beginning of the year:



Receivables at


0,00 lei

Debts at:

01.09.2020   8.375,69



Payment shall be made as per the deadline on the invoice, respectively the later of the following dates:

(a)              Payment no later than the 7th working day since the reception of the invoice.

(b)              Payment on the 8th working day following the delivery month

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 favor of SNN is in amount of 1.931.580,00  lei, valid until 25.01.2022





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


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