TMK - ARTROM S.A. - ART

Report according art. 82 Law 24/2017

Published: 4/7/2020 4:28:18 PM

IRIS Code: AEAB0


Body

 

 

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