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S.N. NUCLEARELECTRICA S.A. - SNN

Report according art. 108 Law 24/2017 (R)

Release Date: 1/27/2023 5:59:02 PM

IRIS Code: F2AF2

 

Current Report according to art. 108 of Law no. 24/2017, as further amended and supplemented and art. 234 letter i) of the Financial Supervisory Authority’s (ASF) Regulation no. 5/2018

Date of the report: 27.01.2023

Name of the issuing entity: National Company NUCLEARELECTRICA S.A.

Registered office: 65 Polona Street, District 1, Bucharest

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

Sole Registration Code with the Trade Register Office: 10874881

Registration number with the Trade Register: J40/7403/1998

Subscribed and paid-up share capital: 3.016.438.940 lei

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

 

 

To:                  Bucharest Stock Exchange

Financial Supervision Authority

 

Significant event to be reported:

Transactions of the type listed in art. 108 of Law no. 24/2017 and art. 234 letter i) of the Financial Supervisory Authority’s (ASF) Regulation no. 5/2018

 

Societatea Nationala Nuclearelectrica S.A. (“SNN”) informs shareholders and investors about the conclusion, on 27.01.2023, of a legal act with the Romanian Gas and Electricity Operator.

We would like to mention the fact that the value of the contract concluded with the Romanian Gas and Electricity Operator by SNN as seller exceeds 5% of the value of the net assets of SNN related to the latest financial reporting and 10% of the net turnover related to the latest annual financial statement, this being the reason why, according to the provisions of art. 108 of Law no. 24/2017 as further amended and supplemented and the provisions of art. 234 letter i) of ASF Regulation no. 5/2018, SNN has the obligation to report the cumulative value of these transactions.

Details regarding the transactions concluded by SNN as seller with regard to their scope, total value, mutual claims, securities set up, payment terms and methods, are presented in Annex 1.

 

 

 

Chief Executive Officer

Cosmin GHITA

 


No

 

Parties to the legal deed

Date of conclusion and no. of the deed

Nature of the legal deed

Description of subject-matter

Total value

(TG included)

Mutual receivables

Securities

set up

by

Romanian Gas and Electricity Operator

Payment terms and methods

Observations

1

SNN S.A. with the    Romanian Gas and Electricity Operator

27.01.2023

RUEC no

83

 

AA no.1 to Contract

Sale of electric power

Period:

01.01.2023-31.12.2023

Current contract value updated based on AA no1:                1.304.580.285,00 lei

 

(additional amount of 86.483.385,00 lei, related to the quantity allocated in February)

Receivables

as of                   27.01.2023: 0,00 lei

 

Debts as of: 27.01.2023:

0.00 lei

0.00

lei

The Seller's collection rights for the quantities of electricity sold shall be paid by the Buyer by payment order within the first 15 days of the calendar month following the month of delivery.

AA no.1 to the Contract concluded through the Centralised Electricity Purchase Mechanism (CEPA),

 imposed by GEO no. 153/2022 between S.N. Nuclearelectrica S.A. and the Romanian Electricity and Natural Gas Market Operator.

On the basis of GEO no. 192/ 28.12.2022 for the modification and completion of GEO no. 27/2022, as well as the calendar for the organisation in 2023 of the monthly centralised electricity purchase procedures organised on the basis of

 Monthly Mechanism for Centralised Purchasing, on 23.01.2023 the additional quantity of electricity for the delivery month February 2023 was allocated.

 

   

 

 

 

 

 

 

 

 

 

No

 

Parties to the legal deed

Date of conclusion and no. of the deed

Nature of the legal deed

Description of subject-matter

Total value

(TG included)

Mutual receivables

Securities

set up

by

Romanian Gas and Electricity Operator

Payment terms and methods

Observations

1

SNN S.A. with the    Romanian Gas and Electricity Operator

28.12.2022

RUEC no

1935

Contract

Sale of electric power

Period:

01.01.2023-31.12.2023

Current contract value: 1.218.096.900,00 lei

Receivables as of                     28.12.2022: 0,00 lei

Debts as of: 28.12.2022:

125.611,64 lei

0.00

lei

The Seller's collection rights for the quantities of electricity sold on each day of delivery shall be paid by the Buyer by means of Payment Orders issued on bank business days.

The contract concluded through the Centralised Electricity Purchase Mechanism (CEPA), concluded according to GEO no. 153/2022 between S.N. Nuclearelectrica S.A. and the Romanian Electricity and Natural Gas Market Operator

 

 

 

 



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