No. 46/19.05.2022
To: The Financial Supervisory Authority
Bucharest Stock Exchange
Current report in compliance with article no. 108 of Law no. 24/2017 on issuers of financial instruments and market operations - Republished
Date of report: May 19th, 2022
Name of issuer: ALRO S.A.
Headquarters: Slatina, 116 Pitesti Street, Olt County
Telephone/ fax number: +40 249 431 901 / +40 249 437 500
Sole registration number at the Trade Register Office: RO 1515374
Trade Register Number: J28/8/1991
The European Unique Identifier (EUID): ROONRCJ28/8/1991
Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98
Subscribed and paid-in share capital: 356,889,567.5 RON
Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Category (market symbol: ALR)
Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished
Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of May 19th, 2022, one new transaction based on a purchase contract and carried out in the period March 1st, 2022 – April 30th, 2022, the following transactions that, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements for the year 2021, in amount of RON 53,659,613, as follows:
§ Transactions of ALUM S.A., subsidiary of ALRO S.A., with CONEF GAZ S.R.L., company which is under common control of ALRO Group, carried out in the period March 1st, 2022 – April 30th, 2022, in total amount of RON 47,275,451.
§ Details regarding the transaction concluded on May 19th, 2022 by ALUM S.A., subsidiary of ALRO S.A., as Buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as Seller, in estimated amount of RON de 20,959,080.
Details have been enclosed to this Report, as follows:
· Annex 1 - Reporting of transactions carried out during the period March 1st, 2022 – April 30th, 2022;
· Annex 2 - Reporting of contracts related to the transactions in Annex 1;
· Annex 3 - Reporting of the transaction concluded on May 19th, 2022 and of mutual debts and receivables (balances) as of April 30th, 2022.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
Annex 1 - Reporting of transactions carried out in the period March 1st, 2022 – April 30th, 2022
Acquisitions
|
Year
|
Months
|
Name
|
Nature of relationship
|
Name
|
Nature of relationship
|
Nature of transaction
|
Object of transaction
|
Amount (RON)
|
N.R.U. number/ Date of contract
|
|
2022
|
3
|
ALUM S.A.
|
Subsidiary
|
CONEF GAZ S.R.L.
|
Company under common control
|
Acquisitions
|
Gas
|
18,261,214
|
15/14.01.2022
|
|
2022
|
4
|
ALUM S.A.
|
Subsidiary
|
CONEF GAZ S.R.L.
|
Company under common control
|
Acquisitions
|
Gas
|
29,014,237
|
82/29.03.2022
|
|
|
|
|
|
|
|
|
|
47,275,451
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annex 2 - Reporting of contracts related to the transactions included in Annex 1
Acquisitions
|
Name
|
Nature of relationship
|
Name
|
Nature of relationship
|
Nature of transaction
|
Object of transaction
|
N.R.U. number/ Date of contract
|
Payment term
|
|
ALUM S.A.
|
Subsidiary
|
CONEF GAZ S.R.L.
|
Company under common control
|
Acquisitions
|
Gas
|
15/14.01.2022
|
For the advance invoice: 25% of the invoice value on the 5th day of the delivery month and the remaining payment (difference) on the 15th day of the delivery month;
For the settling invoice: on the 15th day of the month following the consumption month.
|
|
ALUM S.A.
|
Subsidiary
|
CONEF GAZ S.R.L.
|
Company under common control
|
Acquisitions
|
Gas
|
82/29.03.2022
|
For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the 5th day of the delivery month;
For the settling invoice: up to 25th day of the month following the consumption month.
|
Annex 3 – Reporting of the transaction concluded on May 19th, 2022 and of mutual debts and receivables (balances) as of April 30th, 2022
|
Nr.
|
Parties having concluded the legal document
|
Nature of the relationship
|
Date of conclusion and nature of the document
|
Description of the legal document object
|
Total value of the legal document
(RON)
|
Mutual debts
(RON)
|
Created securities
|
Stipulated damages
|
Payment terms and conditions
|
|
|
|
|
|
|
1.
|
ALUM S.A.
|
Subsidiary
|
105/19.05.2022
Addendum no. 32 to the natural gas sales contract no.
118/2010
|
Setting up the gas delivery schedule for the month of June 2022.
|
20,959,080*
|
Receivable ALUM
21,147,852.80
Debts ALUM
16,722,073.90
|
-
|
For the daily quantities taken under the assigned quantities, the seller will charge penalties for that imbalance.
|
For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the 5th day of the delivery month;
For the settling invoice: up to 25th day of the month following the consumption month.
|
|
|
Conef Gaz S.R.L.
|
Company under common control
|
|
* this estimated value was included in the Current Report no. 76, on the date of October 15th, 2021