Current Report
regarding the information provided in art. 82 paragraph (1) of Law no. 24/2017 and
in Regulation no. 5/2018 on issuers of financial instruments and market operation
Date of the Report: 07 April 2020
Name of the issuing entity: TMK- ARTROM S.A.
Registered office: 30 Draganesti Street, Slatina, Olt, Romania
Telephone/fax number: +40249436862/ +40249434330
Registered in the Trade Register under no: J28/9/1991
Tax Identification Number: RO1510210
Unique Identifier at European Level (EUID): ROONRC.J28/9/1991
Code LEI: 315700M25SMOU44FAN52
Subscribed and paid up share capital: 291,587,538.34 RON
Regulated market where the issued securities are traded: Bucharest Stock Exchange - STANDARD Category (market symbol ART)
Important events to be reported according to art. 82 paragraph (1) of Law no. 24/2017 and to Regulation no. 5/2018 on issuers and transactions with securities:
TMK-ARTROM S.A. (the “Seller”) reports the conclusion of the sale-purchase contract no. 259 dated 03.04.2020 (the “Contract”) with TMK-RESITA S.A. (the “Buyer”), a Romanian company, based in Resita, Romania, controlled by TMK-ARTROM S.A. (the Seller and the Buyer together the “Parties”), having as object the sale of EUA greenhouse gas emission certificates (the transaction will be carried out as a transfer of EUA certificates in the European Union’s Environmental Registry for emissions trading application), with a value of 85,000 EUR, without VAT (equivalent of 410,448 RON). The price will be paid in RON within 5 business days from the date of the transaction and receipt of the invoice issued by the Seller.
As of 29 February 2020, the total aggregated debts (for all contracts) between the Parties are as follows:
Receivables of TMK-Artrom
|
Currency
|
Final balance 29.02.2020
|
|
Payables of TMK-Artrom
|
Currency
|
Final balance 29.02.2020
|
Pipes, metal scrap, reinvoiced metal scrap, operationg services, other reinvoiced services
|
RON
|
4,097,105
|
|
Current trade debts
|
RON
|
0
|
Advance (without TVA)
|
RON
|
83,968,091
|
|
Total
|
RON
|
0
|
Total
|
RON
|
88,065,196
|
|
|
|
|
Chief Executive Officer, Chief Economical and
Eng. Popescu Adrian Accountancy Officer Ec. Vaduva Cristiana