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Current report in compliance with Regulation no.1/2006 of NSC and with the stipulations of article no. 82 of Law no. 24/2017 regarding Issuers of Financial Instrument and Market Operations

Fri, 10/13/2017 - 14:22

Please be informed by the present Current Report, that ALRO S.A. concluded with the company Vimetco ExtrusionS.R.L., (member of Alro’s group registered at the Financial Supervisory Authority)the following transactionswhose cumulated values amount to over EUR 50,000 (the exchange rate is 4.5915 RON/EUR; 3.8732RON/USD and the calculated values are exclusive of VAT):

VIMETCO EXTRUSION S.R.L.

No.Number and dateObjectEstimated total value (RON)Mutual debtsGuaranteePayment terms and means
1.1486/12.10.2017Addendum no.3 to the contract no.40003370/2015 regarding the extension of the contract validity until September 30th, 2018687,000--With payment order within 30 days from the invoice date
2.P101217-290Addendum no.4 to the contract no. I 2747/2017 regarding the establishment of the processing premium for the quantity of 5,604 Mt. +/- 2% aluminium billets, series 6060/6063/6005, and 6082 to be delivered within the period October – December 201753,415,263*--Maximum 90 days from delivery

Note

 *this estimated value is included in the value of the contract reported on 12.12.2016.

 

Marian-Daniel NĂSTASE Gheorghe DOBRA
Chairman of the Board of Directors Chief Executive Officer