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Name | Symbol | Market | Type |
---|---|---|---|
SNGN Romgaz SA | LSE:SNGR | London | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.80 | 9.00 | 10.80 | 6 | 01:00:00 |
TIDMSNGR
RNS Number : 1468T
S.N.G.N. Romgaz S.A.
20 July 2022
CURRENT REPORT
In compliance with Law no. 24/2017 and F.S.A. Regulation no. 5/2018
Report date: July 20, 2022
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:
-- S.N.G.N. ROMGAZ S.A. concluded new transactions with the affiliated party S.C. OMV PETROM S.A.
According to the provisions of art.108 from Law no 24/2017 regarding Issuers of Financial Instruments and Market Operations, republished, S.N.G.N. ROMGAZ S.A. reports the concluding of new transactions with the affiliated party S.C. OMV PETROM S.A.
We mention that, the cumulated value of the new transactions with the transactions previously concluded, for a period of 12 months, exceeds the significant threshold of 5% of 2021 net assets value.
No Name of the Date and Transaction Transaction Mutual Issued Terms and Other Affiliate nature Scope value (VAT Receivables Guarantee Payment information of the exclusive) Methods - Penalties transaction - RON - - 15 days Addendum from the no.30/July Sale of the invoice 12, 2022 to condensate issue date; Contract production Payment S.C. OMV no. of Romgaz with PETROM 3666/March Medias payment 1 S.A. 04, 2014 Branch 23,101,997.27 - - order client ------------ ------------ ------------ -------------- ------------- ----------- ------------ ------------- Sale of the condensate production of Romgaz Tg. Mures Branch - June - 15 days Addendum December from the no. 12/July 2022 and invoice 12, 2022 to change issue date; Contract in the Payment S.C. OMV no. price with PETROM 12973/April calculation payment 2 S.A. 11, 2019 algorithm 34,914,303.44 - - order client ------------ ------------ ------------ -------------- ------------- ----------- ------------ -------------
Note1: The Addendum no. 30/July 12, 2022 was approved by the Board of Directors' Resolution no. 43/July 8, 2022 and was received signed from OMV Petrom S.A. on July 18, 2022 and registered to S.N.G.N. ROMGAZ S.A. - Medias Branch on July 19, 2022. The value of the addendum was estimated taking into account the quantities of condensate estimated to be delivered between June 1, 2022 - March 31, 2024 at the Brent oil price and the dollar exchange rate from the date of the aforementioned addendum.
Note 2: The Addendum no. 12/July 12, 2022 was approved by Board of Directors' Resolution no. 43/July 8, 2022 and signed by both parties on July 18, 2022.
Note 3: The previous transactions concluded with the affiliated party S.C. OMV Petrom S.A. for a previous period of one year were published in the Current Report from May 3, 2022.
Chief Executive Officer, Chief Financial Officer
Aristotel Marius JUDE Razvan POPESCU
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(END) Dow Jones Newswires
July 20, 2022 05:53 ET (09:53 GMT)
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