Legal Proceedings Report • Jun 11, 2015
Legal Proceedings Report
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Current report according to the provisions of article 225 from Law 297/2004 Date of the report: 11 June 2015 Name of Issuer Company: CNTEE TRANSELECTRICA SA, company managed in two-tier system Registered headquarters: Blvd. Gheorghe Magheru 33, Bucharest 1 Working location: Str. Olteni no. 2-4, Bucharest 3 Phone / fax numbers: 004021 30 35 611/021 30 35 610 Single registration (fiscal) code: 13328043 Number in the Commercial Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 Lei Regulated market where the issued securities are transacted: Bucharest Stock Exchange
The National Power Grid Company Transelectrica SA informs the investor public about the juridical deeds of cumulated value over 50,000 Euros concluded with companies where the Romanian State exercises direct or indirect control as follows:
| Contract: | No. C 119 / 10.06.2015. |
|---|---|
| Parties: | CNTEE Transelectrica SA as purchaser |
| CET GOVORA SA as seller | |
| Contractual object: | Sale-purchase of electricity amounts by means of the Centralised Bilateral Contracts Market for electrical power; |
| Total value: | 20,776,268.16 Lei, VAT free |
| Guarantees: | None |
| Penalties: | The level of penalty interest rates corresponds as percentage to the interest for the failure of paying in due time the obligations to the state budget, for each day of delay; |
| Mutual liabilities: | None |
| Terms of payment: | The Purchaser will pay the invoices according to the deadline specified in it, namely at least 2 weekdays before beginning the actual delivery; |
Executive Director General Directorate Chairman
LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. The English version has been created for English readers' convenience. Reasonable efforts have been made to provide an accurate translation, however, discrepancies may occur. The Romanian version of this document is the original official document. Any discrepancies or differences created in the translation are not binding. If any questions arise related to the accuracy of the information contained in the English version, please refer to the Romanian version of the document which is the official version.
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