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

Tue, 12/08/2020 - 17:39

Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), on the date of 8 December 2020, a new transaction based on sales contract 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 8 December 2020 by ALRO S.A., as seller, with VIMETCO EXTRUSION S.R.L., as buyer, 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.