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S.N.G.N. ROMGAZ S.A. - SNG

Report according art. 82 Law 24/2017 - Contract Termination

Release Date: 2/12/2019 1:19:31 PM

IRIS Code: 9E5C0

CURRENT REPORT

In compliance with art. 82 of Law 24/2017 regarding Issuers of Financial Instruments and Market Operations

 

Report date: February 12, 2019

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)

 

Important event to be reported:

 

·         Termination, by mutual agreement, of a legal document of the type listed in art. 82 of Law 24/2017 regarding Issuers of Financial Instruments and Market Operations

 

According to the provisions of art.82 of Law No.24/2017 and FSA Regulation no. 5/2018, S.N.G.N. ROMGAZ S.A informs the capital market regarding the termination of Natural Gas Sales/Purchase Contract No. VG38/2018, concluded with S.C. ELECTROCENTRALE GALATI S.A.. Following the request transmitted by S.C. ELECTROCENTRALE GALATI S.A. the contract was terminated as of February 11, 2019, 7:00 AM.

 

Party to the Agreement

No and date  of Agreement

Scope of Agreement

Contract termination date

Estimated value of gas deliveries for the period November 19, 2018 – February 10, 2019

(RON – including VAT)

Applied Penalties

(RON)

S.C. ELECTROCENTRALE GALATI S.A.

Contract no. VG38/November 16, 2018

Natural Gas sale/purchase on competitive market

February 11, 2019, 7:00 AM

47,339,866.77

0.00

                  Note: Contr. no VG38/2018 was terminated under the contractual provisions of art. 18 letter c) - by parties mutual agreement.

 

Chief Executive Officer,

Constantin Adrian VOLINTIRU

 



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