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

Report according art. 82 Law 24/2017

Release Date: 8/25/2020 3:32:27 PM

IRIS Code: E3A2B

CURRENT REPORT

In compliance with art. 82 of Law 24/2017 regarding Issuers of Financial Instruments and Market Operations

 

Report date: August 25, 2020
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)

 

Important event to be reported:

 

·      S.N.G.N. ROMGAZ S.A. concluded a transaction of the type listed in art. 82 of Law 24/2017 regarding Issuers of Financial Instruments and Market Operations

 

According to the provisions of art.82 of Law No.24/2017, S.N.G.N. ROMGAZ S.A. reports the following legal document:

 

No

Party to the Agreement

Agreement No and date 

Scope of Agreement

Estimated contract Value including VAT (RON)

Terms and Payment Methods

Mutual Receivables

Issued Guarantee

Penalties

(%/day)

1

S.N.G.N. ROMGAZ S.A. – Filiala de Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L.

Addendum no. 2/August 1, 2020    to Contract no.

528/March 31, 2020

Natural gas underground storage services

(period August 01, 2020 - March 31, 2021)

7,111,440.00

Payment within 15 calendar days from invoice issue date

-

See note*

See note**

Addendum no. 2/2020 modifies the value of Contract no. 528/2020 as a result of supplementing the reservation of underground gas storage capacity. Thus, the updated contract value of Contract no. 528/2020, for the period April 1, 2020 – March 31, 2021, is RON 38,717,840.00 VAT included, increased by RON 7,111,440.00 VAT included, as compared to the previous reported value.

Note* Parties agreed that no guarantee will be issued

Note** Nonfulfillment of invoice payment obligations implies the application of a delay penalty, calculated on the outstanding amount, equal to the penalty interest for outstanding payment of budgetary obligations, for each day of delay, starting with the 16th calendar day from the invoice issue date until the full payment, including the payment date, in case of payment default within 15 calendar days from the due date.

The Addendum arrived at S.N.G.N. ROMGAZ S.A., signed by DEPOGAZ Ploiesti representatives, on August 21, 2020.

 

Chief Executive Officer,

Constantin Adrian VOLINTIRU

 



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