Current report in compliance with of article no. 92 ind 3 of Law no. 24/2017 (ALRO SA & ALUM SA)

Fri, 10/30/2020 - 15:48

 Please be informed by the present Current Report, that ALRO S.A. concluded with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), on the date of 30th October 2020 a new transaction based on a commodate agreement, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. standalone financial statements for the year 2019, in amount of RON 37,077,541. 

Details regarding the transaction concluded on 30th October 2020 by ALRO S.A., as lender, with ALUM S.A. Tulcea, as a borrower, containing information on the date of conclusion, the nature of the transaction, the description of its object, the mutual receivables and debts are presented in Annex 1 hereto.