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Alro S.A. Regulatory Filings 2021
2283_rns_2021-10-15_ff19cb45-12f6-46f1-988d-7aebca141d38.pdf
Regulatory Filings
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No. 75/15.10.2021
To: The Financial Supervisory Authority Bucharest Stock Exchange
Current report in compliance with article no. 108 of Law no. 24/2017 on issuers of financial instruments and market operations - Republished
Date of report: October 15 st , 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 Category (market symbol: ALR)
Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 13 of Law no. 24/2017 – Republished
Please be informed by the present Current Report, that ALRO S.A. concluded with the company CONEF GAZ SRL, company under joint control, on the date of 15 October 2021 two new contracts, whose value cumulated with the other transactions concluded/ carried out within the last months, cumulatively exceeds 5% of the Company's net assets, as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2021, in amount of RON 50,219,273, as follows:
- Transactions of ALRO S.A. with CONEF GAZ SRL concluded/ carried out during the period 1 st September 2020 – 30th September 2021 in total amount of RON 45,321,161.
- Details on the contracts concluded on 15 th October 2021 by ALRO S.A. with the Company CONEF GAZ SRL in estimated amount of RON 133,827,013.
Details have been enclosed to this Report, as follows:
• Annex 1 - Reporting of concluded/carried out transactions during the period 1 st September 2020 – 30 th September 2021;
• Annex 2 - Reporting of contracts related to the transactions in Annex 1
• Annex 3 - Reporting of contracts concluded on 15 th October 2021 and of mutual debts and receivables (balances) as of 30 September 2021.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
Chairman of the Board of Directors Chief Executive Officer
Marian Daniel Nastase Gheorghe Dobra
Annex 1 - Reporting of concluded/carried out transactions during the period 1 September 2020 – 30 September 2021
Acquisitions
| Year | Months | Name | Nature of relationship |
Name | Nature of relationship |
Nature of transaction |
Object of transaction |
Amount (RON) | N.R.U. number/ Date of contract |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 9 | ALRO SA | Issuer | CONEF GAZ SRL | Common control |
Acquisitions | Gas | 2,775,268 | 668/27.05.2020 |
| 2020 | 10 | ALRO SA | Issuer | CONEF GAZ SRL | Common control |
Acquisitions | Gas | 9,269 | 668/27.05.2020 |
| 2020 | 10 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 2,451,642 | 1086/01.10.2020 |
| 2020 | 11 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 3,631 | 1086/01.10.2020 |
| 2020 | 12 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 5,615,403 | 1086/01.10.2020 |
| 2021 | 2 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 3,528,556 | 1086/01.10.2020 |
| 2021 | 3 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 7,583,646 | 1086/01.10.2020 |
| 2021 | 4 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 4,673 | 1086/01.10.2020 |
| 2021 | 5 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 8,616,450 | 1086/01.10.2020 |
| 2021 | 6 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 5,377 | 1086/01.10.2020 |
| 2021 | 6 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 4,830,312 | 947/09.07.2021 |
| 2021 | 7 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 7,355 | 947/09.07.2021 |
| 2021 | 8 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 4,949,895 | 1138/13.08.2021 |
| 2021 | 8 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 9,236 | 948/09.07.2021 |
| 2021 | 9 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Acquisitions | Gas | 4,732,922 | 1138/13.08.2021 |
Total
45,123,635
Sales
| Year | Month | Name | Nature of relationship |
Name | Nature of relationship |
Nature of transaction | Amount (RON) | N.R.U. number/ Date of contract |
|---|---|---|---|---|---|---|---|---|
| 2020 | 9 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 12,654 | 762/01.07.2020 |
| 2020 | 10 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 12,731 | 762/01.07.2020 |
| 2020 | 11 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,847 | 1295/13.11.2020 |
| 2020 | 12 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,841 | 1295/13.11.2020 |
| 2021 | 1 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,835 | 1295/13.11.2020 |
| 2021 | 2 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,847 | 1295/13.11.2020 |
| 2021 | 3 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,847 | 1295/13.11.2020 |
| 2021 | 4 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,970 | 1295/13.11.2020 |
| 2021 | 5 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,969 | 1295/13.11.2020 |
| 2021 | 6 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,957 | 1295/13.11.2020 |
| 2021 | 7 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,974 | 1295/13.11.2020 |
| 2021 | 8 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,957 | 1295/13.11.2020 |
| 2021 | 9 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Rent | 11,994 | 1295/13.11.2020 |
| 2021 | 9 | ALRO SA | Issuer | CONEF GAZ SRL | Common control | Gas distribution services | 41,104 | 1334/15.10.2021 |
Total 197,526
Annex 2 - Reporting of contracts related to the transactions in Annex 1
Acquisitions
| Name | Nature of relationship |
Name | Nature of relationship |
Nature of transaction |
Object of transaction |
N.R.U. number/ Date of contract |
Payment term |
|---|---|---|---|---|---|---|---|
| ALRO SA | Issuer | CONEF GAZ SRL | Company under common control |
Acquisitions | Natural gases | 668/27.05.2020 | The advance on the 5th of the delivery month, the regularization on the 15th of the month following the month of delivery |
| ALRO SA | Issuer | CONEF GAZ SRL | Company under common control |
Acquisitions | Natural gases | 1086/01.10.2020 | For the advance invoice: 25% of the the 5th day of the invoice value on delivery month and the remaining payment (difference) on the 24th day of the delivery month; For the settling invoice: on the 15th day of the month following the consumption month. |
| ALRO SA | Issuer | CONEF GAZ SRL | Company under common control |
Acquisitions | Natural gases | 947/09.07.2021 | For the advance invoice: 25% of the invoice value on the 5th day of the delivery month and the remaining payment (difference) on the 24th day of the delivery month; For the settling invoice: on the 15th day of the month following the consumption month. |
| ALRO SA | Issuer | CONEF GAZ SRL | Company under common control |
Acquisitions | Natural gases | 948/09.07.2021 | For the advance invoice: 25% of the invoice value on the 5th day of the delivery month and the remaining (difference) on the 24th day of payment the delivery month; For the settling invoice: on the 15th day of the month following the consumption month. |
| ALRO SA | Issuer | CONEF GAZ SRL | Company under common control |
Acquisitions | Natural gases | 1138/13.08.2021 | For the advance invoice: 25% of the invoice value on the 5th day of the delivery month and the remaining payment (difference) on the 24th day of the delivery month; For the settling invoice: on the 15th day of the month following the consumption month. |
| Sales | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Nature of Description of Client Nature of relationship relationship |
Object of transaction | Contract number/ Date of contract |
Payment term | ||||||
| ALRO SA | Issuer | CONEF GAZ SRL | Company under control |
common | Rents | 762/01.07.2020 | Until the 10th of the next month | |||
| ALRO SA | Issuer | CONEF GAZ SRL | Company under control |
common | Rents | 1295/13.11.2020 | Until the 10th of the next month | |||
| ALRO SA | Issuer | CONEF GAZ SRL | Company under control |
common | Gas distribution services | 1334/15.10.2021 | 5 days from the invoice date |
Anexa 3 – Raporting of the contracts concluded on 15 th October 2021 and of mutual debts and receivables (balances) as of 30 September 2021
| No. | Parties having concluded the legal document |
Nature of the relationshi p |
Date of conclusion and nature of the document |
Description of the legal document object |
Total value of the legal document (RON) |
Mutual debts (RON) |
Created securities | Stipulated damages |
Payment terms and conditions |
|---|---|---|---|---|---|---|---|---|---|
| 1. | ALRO S.A. Conef Gaz S.R.L. |
Issuer Company under joint control |
1332/15.10.2021 Addendum no.28 to the natural gas sales contract no. 114/2010 |
Extending the contract validity until 30th September 2022, establishing the pricing formula and the estimated gas consumption during the period 01.10.2021-30.09.2022 |
133,316,813 | Receivable ALRO 6,259,159 Debts ALRO - |
- | 3% of the contract price for the daily / monthly quantities not taken over outside the flexibility limits and those taken over outside the flexibility limits |
For the advance invoice: 25% of the invoice value on the th day of the 5 delivery month and the remaining payment (difference) on the 24th day of the delivery month; For the settling invoice: on the 15th day of the month following the consumption month. |
| 2. | ALRO S.A. Conef Gaz S.R.L. |
Issuer Company under joint control |
1334/15.10.2021 Contract no. 40005239/ 30.07.2021 for gas distribution services |
Provision of gas distribution services during the period 01.08.2021-31.08.2022 |
510,200 | Receivable ALRO 6,259,159 Debts ALRO - |
Without any guarantees originally; the parties may agree to establish a security representing the value of the distribution services provided during a period of two months |
Payment is made within 5 days from the invoice date |