Market News


TERAPLAST SA - TRP

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

Release Date: 12/3/2021 9:15:29 AM

IRIS Code: D1387

CURRENT REPORT

In accordance with Law No. 24/2017 republished and Regulation No. 5/2018 of the Financial Supervisory Authority (ASF)

 Date of report: 03.12.2021

Name of issuing company: TERAPLAST S.A.

Registered office: Sat Saratel, comuna Sieu-Magherus, Calea Teraplast, nr.1, Judetul Bistrita-Nasaud

Telephone/Fax: 0263/238.202; 0263/231.221

Trade Register Office Number: J06/735/1992

Tax Identification Number: 3094980

Subscribed and paid-up share capital: 217.900.035,80 lei

Regulated market for shares admitted to trading: Bucharest Stock Exchange, standard category

Stock symbol: TRP

Major events to report: Transactions of the type of those listed under Article 108 of Law no. 24/2017 on issuers of financial instruments and market operations (republished)

Teraplast S.A. has entered into / executed transactions with Terabio Pack SRL, an affiliate of Teraplast S.A., whose aggregate amount exceed 5% of the Company’s net assets according to the latest individual financial reports published by Teraplast S.A.:

No.

Juridical person with which Teraplast has entered into the legal document

Signing date

Type of document

Object of the document

Document value

Mutual debts between the contracting parties as of 2nd December 2021

 

Securities

Payment terms and payment methods

Document signed by the Company Teraplast S.A. as Sole Shareholder of Terabio Pack SRL

1

Terabio Pack SRL

 

03.06.

2021

 

Sole Shareholder Resolution concerning the increase of the the share capital of Terabio Pack SRL

 

 

Share capital increase by debt conversion

Total document value is 10.000.000 lei

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

N/A

N/A

Other Documents entered into by Teraplast S.A. and Terabio Pack Srl

1

Terabio Pack Srl, Somplast S.A., Teraplast Recycling S.A.

 

06.09.

2021

 

Collaboration Protocol

 

Reinvoicing the consumed electricity

No fixed price is established; invoices are to be issued by Teraplast S.A. according to the amount of consumed electricity, at the price mentioned in the invoice issued by the electricity supplier.

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

N/A

N/A

2

Terabio Pack Srl (Seller)

 

03.11.

2021

 

Sales and purchase Agreement

 

Purchase and sale of goods

The contract value is 6.496,80 lei VAT exclusive

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

N/A

The payment term is 30 days from the invoice date, payment method: bank transfer

                       

 

Contracts signed by Teraplast S.A. as Guarantor for Terabio Pack SRL

1

Banca Comerciala Romana S.A.

 

14.06.

2021

 

Share Mortgage Agreement

Securing the Credit facility accessed by Terabio Pack SRL from the Romanian Commercial Bank, in a max. amount of 12.700.000 Euros

 

Mortgage over a number of 1.010.000 shares held by Teraplast S.A., with a nominal value of 10 RON, representing 100% of the share capital of Terabio Pack Srl

 

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

The contract has been concluded for the purpose of securing the Credit facility accessed by Terabio Pack SRL from the Banca Comerciala Romana S.A., in a max. amount of 12.700.000 Euros

The credit facilities validity is of 78 months and 30 months, respectively, from the signing date of the credit contract.

2

Banca Comerciala Romana S.A.

 

14.06.

2021

 

Security Agreement

 

Securing the Credit facility accessed by Terabio Pack SRL from the Romanian Commercial Bank, in a max. amount of 12.700.000 Euros

 

The maximum secured amount is of 19.050.000 Euros

 

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

The contract has been concluded for the purpose of securing the Credit facility accessed by Terabio Pack SRL from the Banca Comerciala Romana S.A., in a max. amount of 12.700.000 Euros

The credit facilities validity is of 78 months and 30 months, respectively, from the signing date of the credit contract.

3

Banca Comerciala Romana S.A.

 

02.12.

2021

 

Security Agreement

 

Securing the Credit facility accessed by Terabio Pack SRL from he Romanian Commercial Bank, in a max. amount of. 10.000.000 lei, for the funding of the current activity corresponding to the green project, i.e. the production of  biodegradable granules and biodegradable and compostable bags, domestic bags

The maximum secured amount is of 15.000.000 lei

 

Terabio Pack debts to Teraplast:

 15.497.335,68 lei*

Teraplast debts to Terabio Pack: 7.731,19 lei

The contract has been concluded for the purpose of securing the Credit facility accessed by Terabio Pack SRL from the Banca Comerciala Romana S.A., in a max. amount of 12.700.000 Euros

The use term of the credit facility: 30.12.2022, deadline 30.12.2025

 

*Out of the total Terabio Pack SRL debt to Teraplast SA of 15.497.335,68 lei, 15.263.196,94 lei represent loan (15.000.000 lei principal and 263.196,94 lei interest)

 

  _________________

ALEXANDRU STANEAN

TeraPlast S.A. CEO

If you need any further information, feel free to email us at: investor.relations@teraplast.ro or call +40 741 270 439 – Contact person: Alexandra Sica.



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