Source - RNS
RNS Number : 7303H
Societatea Energetica Electrica SA
09 June 2017
 

Societatea Energetica Electrica S.A.

9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania

Phone: 021-208 59 99; Fax: 021-208 59 98

Fiscal Registration Certificate RO 13267221

J40/7425/2000

Share capital: 3.459.399.290 RON

www.electrica.ro

 

 

To:                              Romanian Financial Supervisory Authority (ASF)

                                    Bucharest Stock Exchange (BVB)

                                    London Stock Exchange (LSE)

 

Current report in compliance with the Law no. 24/2017, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 09 June 2017

Company name: Societatea Energetica Electrica S.A. (Electrica SA)

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

 

Significant events to be reported:

Announcement regarding the request for summons formulated by Societatea de Administrare a Participatiilor in Energie S.A. (SAPE) against Electrica SA

On 08 June 2017, Electrica SA received a request for summons formulated by SAPE against Electrica SA, former managers and directors, the Ministry of Economy and the Ministry of Energy.

The claims requested through the request for summons are in approximate value of EUR 800 million. According to SAPE's demands, the claims would represent alleged damages caused by Electrica's historical failure to monitor the fulfillment of the post-privatization obligations undertaken by the investors who acquired shares of the privatized companies for which Electrica acted as seller, as these obligations resulted from the privatization agreements. 

We mention that these claims had been the subject of the notification sent by SAPE to Electrica SA in 2015 and reported on 09 September 2015. 

Electrica SA will make all the necessary diligences for protecting its interests and the interests of its shareholders and will constantly inform the market regarding the evolution of the litigation.

 

CEO

Dan Catalin Stancu

 

 


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