To:
BURSA DE VALORI BUCURESTI S.A.
AUTORITATEA DE SUPRAVEGHERE FINANCIARA
CURRENT REPORT 44/2021
According to Law no. 24/2017 regarding issuers of financial instruments and market operations, ASF Regulation no. 5/2018 regarding the issuers of financial instruments and market operations and/or Rulebook of the Bucharest Stock Exchange Market Operator.
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Date of report
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28.12.2021
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Name of the Company
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Sphera Franchise Group SA
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Registered Office
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Bucharest, Romania
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Address
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Calea Dorobantilor nr. 239, 2nd floor, Bucharest sector 1
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Phone / Fax
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+40 21 201 17 57 / +40 21 201 17 59
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Email
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investor.relations@spheragroup.com
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Registration nr. with Trade Registry
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J40/7126/2017
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Fiscal Code
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RO 37586457
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Subscribed and paid share capital
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581,990,100 RON
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Total number of shares
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38,799,340
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Symbol
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SFG
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Market where securities are traded
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Bucharest Stock Exchange, Main Segment, Premium Category
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Important events to be reported: Receiving the first tranche of the state aid payment
Sphera Franchise Group S.A. (“the Group”) informs the market about receiving the payment of state aid from the Romanian government according to the procedure of the implementation of the state aid as foreseen in the Emergency Ordinance nr. 224/2020 on measures to provide financial aid for companies from tourism, HoReCa and event organization industries, whose activity was impacted by the COVID-19 pandemic. According to the Emergency Ordinance, companies from HoReCa sector could apply for a state aid in the amount that represented 20% of the loss of turnover in 2020 compared to 2019.
The payments received by the Group are as follows:
- RON 615,684.00 received by US Food Network S.A., representing 46.87% of sums due according to the financing contract in total amount of RON 1,313,600.00;
- RON 615,684.00 received by American Restaurant System S.A., representing 46.87% of sums due according to the financing contract in total amount of RON 1,313,600.00.
The management will inform the market as soon as the companies eligible for the state aid receive the second tranche of the payment.
CHIEF EXECUTIVE OFFICER
Calin Ionescu