Related Party Transactions acc. to art. 108 Law 24

S.N.G.N. Romgaz S.A.

26 October 2023

 

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and  Market Operations  and A.S.F. Regulation no. 5/2018

Report date: October 26, 2023

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)

Significant event to be reported:

·      S.N.G.N. Romgaz S.A. concluded a transaction of the type listed at art. 108 from Law no. 24/2017 and art. 234 paragraph 1, letter i) from FSA Regulation no. 5/2018

According to the provisions of art.108 of Law no. 24/2017, republished, and art. 234 paragraph 1,letter i) from F.S.A. Regulation no. 5/2018, S.N.G.N. Romgaz S.A. reports the concluding of one new transaction with the affiliated party S ELECTROCENTRALE București S.A. The cumulated value of the new transaction with the transactions previously concluded with the aforementioned affiliated party, for a period of 12 months, exceeds both 5% of 2022 net assets value according to the latest financial reporting and also 10% of the 2022 net turnover.

No	Name of the Affiliate	Date and nature of the transaction	Transaction scope	Value of transaction/ addendum (VAT exclusive) -RON-	Total cumulated value of the Contract (VAT exclusive) -RON-	Mutual receivables	Issued guarantees	Terms/ Payment Methods	Other information -penalties-
1	S ELECTROCENTRALE București S.A.	Gas sale purchase Contract no PET18 from September 27, 2023	Gas sale purchase (period November 1, 2023 - March 31, 2024)	316,649,766.20	316,649,766.20	-	-	Advance payment; Due 30 days from monthly regularization invoice	Delay penalties of 0.10% per day

Conclusion of Contract no. PET18/ September 27, 2023 was approved by S.N.G.N. Romgaz S.A. Ordinary General Meeting of Shareholders by Resolution no. 14/October 25, 2023.

Chief Executive Officer,                                                                          Chief Financial Officer,

Răzvan POPESCU                                                                                      Gabriela TRÂNBIȚAȘ

 

END