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BUCHAREST - Romanian energy company Societatea Energetica Electrica S.A. (BVB:EL) disclosed Friday that its subsidiaries Distributie Energie Electrica Romania SA (DEER) and Electrica Furnizare SA (EFSA) conducted transactions with a cumulative value exceeding 5% of the company’s net assets.
The transactions, executed between July 4 and July 31, 2025, surpassed the RON 200,489,933 threshold based on Electrica’s individual financial statements as of December 31, 2024.
In a regulatory filing to the Romanian Financial Supervisory Authority, Bucharest Stock Exchange, and London Stock Exchange (LON:LSEG), the company stated that details regarding these related party transactions were included in an accompanying annex. The annex contains information about execution dates, transaction types, scope descriptions, values, expiry dates, mutual obligations, guarantees, penalties, and payment terms.
Electrica is one of Romania’s major energy companies, with its shares traded on both the Bucharest Stock Exchange and London Stock Exchange. The company has a subscribed and paid-in share capital of RON 3,395,530,040.
The disclosure was made in compliance with Article 108 of Law No. 24/2017 on issuers of financial instruments and market operations, which requires public companies to report significant related party transactions.
The announcement was signed by Stefan Frangulea, Chief Financial Officer of Electrica, according to the press release statement.
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