Current report in compliance with Law no. 24/2017
Mon, 08/31/2020 - 12:29
Please be informed by the present Current Report, that ALRO S.A. concluded with the company CONEF S.A. (member of Alro Group registered with the Financial Supervisory Authority) and with company CONEF ENERGY S.R.L., the following transactions whose cumulated values amount to over EUR 50,000 (currency exchange rate used by NBR is the one valid on the conclusion date of the legal document subject of the report; the calculated value does not include VAT):
| No. | Parties that have concluded the legal document | Conclusion date and the nature of the document |
Description of the object-matter of the legal document | The total value of the legal document (RON) | Mutual debts** (RON) | Established guarantees, stipulated penalties | Terms and modalities of payment |
| 1. | ALRO S.A. (Lessor)– CONEF S.A. | 863/13.08.2020 Addendum no.4 to the rental contract no.1366/2008 | Extension of the contract validity for a 4 years period with the possibility of a subsequent automatic extension on successive durations of 4 years | 306,197 | ALRO Receivables 7,588
ALRO Debts - | 12% Interest rate per year calculated monthly |
With payment order, until the 10th of the following month |
| 2. | ALRO S.A. (Lessor)– CONEF ENERGY S.R.L | 898/27.08.2020 Addendum no.5 to the lease contract no.1071/2008 | Extension of the contract validity for a 2 years period with the possibility of a subsequent automatic extension on successive durations of 2 years | 42,829 | ALRO Receivables 239,591
ALRO Debts - | 12% Interest rate per year calculated monthly |
With payment order, until the 10th of the following month |
Note:*the mutual debts are calculated according to the accounting records on the date of July 31st, 2020.
| Marian-Daniel NĂSTASE | Gheorghe DOBRA |
| Chairman of the Board of Directors | Chief Executive Officer |