Related Party Transactions acc. to art. 108 Law 24

S.N.G.N. Romgaz S.A.

21 September 2023

 

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and  Market Operations  and A.S.F. Regulation no. 5/2018

Report date: September 21, 2023

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

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

Significant event to be reported:

·    S.N.G.N. Romgaz S.A. concluded a transaction of the type listed at art. 108 from Law no. 24/2017 and art. 234 paragraph 1, letter i) from FSA Regulation no. 5/2018

According to the provisions of art.108 of Law no. 24/2017 (R) and art. 234 paragraph 1, letter i) from F.S.A. Regulation no 5/2018, S.N.G.N. Romgaz S.A. reports the conclusion of a loan agreement with Romgaz Black Sea Limited. The value of the new transaction concluded with Romgaz Black Sea Limited exceeds both 5% of 2022 net assets value according to the latest published financial reporting and 10% of 2022 net turnover.

Conclusion of Contract no. 42805/ September 21, 2023 was approved by S.N.G.N. Romgaz S.A. Ordinary General Meeting of Shareholders by Resolution no. 10/July 27, 2023.

No	Name of the Affiliate	Date and nature of the transaction	Transaction scope	Value of transaction -RON-	Mutual receivables	Issued guarantees	Terms/ Payment Methods	Other information
1	Romgaz Black Sea Limited (RBSL)	Loan Agreement no. 42805/ September 21, 2023, concluded between S.N.G.N. Romgaz S.A. (as creditor) and Romgaz Black Sea Limited through Romgaz Black Sea Limited Nassau (Bahamas), Bucharest Branch, (as borrower)	S.N.G.N. Romgaz S.A. grants Romgaz Black Sea Limited an unsecured termcredit line, in RON, in the form of a long-term loan, up to the amount of RON 2,100,000,000.00	2,100,000,000	-	-	A maximum of three (3) Business Days from the date on which supporting documents and clarifications provided by RBSL regarding the purpose of the requested loan are accepted by S.N.G.N. Romgaz S.A.	The interest rate for each Loan is equal to ROBOR 12 months + 1.74% The default interest on the amount due, set at the level of the Reference Interest rate valid on the maturity date of the loan plus four (4) percentage points

Chief Executive Officer,                                                                          Chief Financial Officer,

Razvan POPESCU                                                                                      Gabriela TRANBITAS

 

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