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| October 18, 2021 |
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ALRO S.A. - ALR

Report according art. 92 ind. 3 Law 24/2017

Release Date: 7/14/2021 3:05:57 PM

IRIS Code: B7189

                                                                                                                                                                                                                                                                   No: 51/14.07.2021

 To: The Financial Supervisory Authority                                                                                                                

        Bucharest Stock Exchange 

Current report in compliance with article no. 923 of Law no. 24/2017 on issuers of financial instruments and market operations and Law no. 158/2020 for the amendment, supplementation and repealing of certain normative acts, as well as for setting up measures for the implementation of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017, establishing a general framework for securitization and creating a specific framework for a simple, transparent and standardized securitization and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU, as well as Regulations (EC) no. 1060/2009 and (EU) no. 648/2012. 

Date of report: July 14th, 2021

Name of issuer: ALRO S.A.

Headquarters: Slatina, 116 Pitesti Street, Olt County

Telephone/ fax number: +40 249 431 901 / +40 249 437 500

Sole registration number at the Trade Register Office: RO 1515374

Trade Register Number: J28/8/1991

The European Unique Identifier (EUID): ROONRCJ28/8/1991

Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98

Subscribed and paid-in share capital: 356,889,567.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Tier Category (market symbol: ALR)

 

Significant event to be reported: Reporting of transactions with related parties according to art. 923 paragraph 3 and paragraph 13 of Law no. 24/2017 as amended and supplemented by Law no. 158/2020

Please be informed by the present Current Report, that ALRO S.A. carried out during June 2021, with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. 2020 Standalone Financial Statements, amounting to RON 51,598,374, as follows: 

§  Transactions of ALRO S.A. with ALUM S.A. Tulcea, carried out during June 2021, in total amount of RON 63,324,312. 

Details have been enclosed to this Report, as follows:

·                    Annex 1 - Reporting of transactions carried out during June 2021;

·                    Annex 2 - Reporting of contracts related to the transactions in Annex 1;

·                    Annex 3 - Reporting of mutual debts and receivables balances as of 30 June 2021. 

 

         Chairman of the Board of Directors                                                                                             Chief Executive Officer

                Marian Daniel Nastase                                                                                                              Gheorghe Dobra


Annex 1 - Reporting of transactions carried out during June 2021 

        Acquisitions 

   

Company

Related party

       

Year

Month

Name

Nature of relationship

Name

Nature of relationship

Nature of transaction

Object of transaction

Amount (RON)

N.R.U. number/ Date of contract

2021

6

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Acquisitions

 Alumina

60,364,855

 250/ 06.03.2019

2021

6

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Acquisitions

 Rent

4,293

 526/ 13.05.2010

 

 

Total

         

60,369,148   

 

 

        Sales 

   

Company

 

Related party

         

Year

Month

Name

Nature of relationship

Name

Nature of relationship

Nature of transaction

Object of transaction

 Amount (RON)

N.R.U. number/ Date of contract

2021

6

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Sales

Electricity

2,893,676

1469/ 28.12.2020

2021

6

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Sales

Services

48,251

1294/ 07.09.2018

2021

6

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Sales

Reinvoicing goods

           11,835

191/ 18.04.2011

2021

6

 

ALRO S.A.

Issuer

Alum S.A.

Subsidiary

Sales

Reinvoicing services

1,401

no contract

                           Total

         

2,955,164                    

 

Annex 2 - Reporting of the contracts related to the transactions included in the Annex 1; 

Acquisition contracts

Name

Nature of relationship

Name

Nature of relationship

Nature of relationship

Object of transaction

N.R.U. number/ Date of contract

Payment term

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

Acquisitions

Alumina

250/ 06.03.2019

30 days from the delivery or payment in advance based on the seller’s request and buyer’s acceptance

 

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

Acquisitions

Rent

526/ 13.05.2010

60 days from the invoice issuing date

 Sales contracts

Name

Nature of relationship

Name

Nature of relationship

Nature of transaction

Object of transaction

N.R.U. Number/ Date of contract

Payment term

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

Sales

Reinvoicing goods

191/ 18.04.2011

30 days from invoicing date

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

Sales

Services

1294/ 07.09.2018

30 days from the date of receiving the invoice

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

Sales

Electricity

1469/ 28.12.2020

15 calendar days from the invoice issuing date

 

 Annex 3 - Reporting of mutual debts and receivables balances as of 30 June 2021 

Company

Related party

Balance as of 30 June 2021 (RON)

Name

Nature of relationship

Name

Nature of relationship

Receivables

Liability

ALRO S.A.

Issuer

ALUM S.A.

Subsidiary

672,615

 

102,489,635

 

 



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