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Wednesday, January 23, 2019 
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Appeal of the Competition Council's Decision no. 77 dated 20 December 2017

Release Date: 5/15/2018 12:05:15 PM

IRIS Code: 51049

Societatea Energetica Electrica S.A.

Str. Grigore Alexandrescu nr.9, sector 1

010621, Bucuresti

Tel: 0212085999, Fax: 0212085998

CIF: RO 13267221, J40/7425/2000

Capital social: 3.459.399.290 RON


To: Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: May 15th 2018

Company name: Societatea Energetica Electrica S.A.

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant events to be reported:

Appeal of the Competition Council’s Decision no. 77 dated December 20 2017

Societatea Energetica Electrica S.A. has filed at the Bucharest Court of Appeal, an appeal against the Decision of the Competition Council no. 77 dated December 20 2017, by which the Company has been sanctioned with a fine amounting to lei 10,800,984.04, representing 2.98% of the total turnover achieved in the financial year 2016.

Trough the complaint, Electrica asked the court, in principal, to cancel the sanction mentioned above as unlawful and unfounded and, in alternative, to reduce the amount of the fine (file no. 3889/2/2018).

At the same time, it was requested the suspension of the enforcement of the Decision no. 77 dated December 20 2017, until the final settlement of the appeal (file no. 3883/2/2018).


Dan Catalin Stancu


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