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S.N. NUCLEARELECTRICA S.A. - SNN

Set up of Uranium Concentrate Processing Factory-Feldioara SRL branch

Release Date: 9/24/2021 6:01:13 PM

IRIS Code: CCD42

Current report in compliance with art. 234 of Regulation no 5/2018 regarding the issuers of financial instruments and market operations

Reporting date: 24.09.2021

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

Registered office: 65 Polona St., district 1, Bucharest

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

Sole Registration Code with the Trade Register Office: 10874881

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

Subscribed and paid-up share capital: 3.016.438.940Lei

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

 

To:                  Bucharest Stock Exchange

       Financial Supervisory Authority

Significant event to report: Establishment of the Uranium Concentrate Processing Factory-Feldioara SRL branch

Societatea Nationala Nuclearelectrica S.A. (“SNN”) informs the shareholders and investors that, on 24.09.2021, the SNN branch, the Uranium Concentrate Processing Factory-Feldioara SRL, was established, serial number in the Trade Register J8 / 2729/2021, CUI 44958790.

Following the conclusion between SN Nuclearelectrica SA (SNN) and the National Uranium Company (CNU) of the sale-purchase contract of some assets within the uranium concentrate processing line from CNU Feldioara Branch, on 18.03.2021, by the GMS Decision no. 4 / 05.04.2021, it was approved the establishment of a subsidiary wholly owned by SNN, as sole shareholder, which will have as main object of activity the Processing of Nuclear Fuels.

Also, based on the EGMS Decision no. 10 / 11.08.2021, the Articles of Incorporation of the SNN Feldioara Branch were approved.

SNN aims through its investments to provide the necessary infrastructure for the optimal processing of raw materials, to maintain and consolidate the integrated fuel cycle to support the company's long-term investment projects, these being aspects that give the company a competitive advantage and an integrated approach of the nuclear energy production.

 

Cosmin Ghita

CEO

 

 



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