Addendum to Loan Agreement with Romgaz Black Sea
Source: RNS
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: October 25, 2024
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: 3,854,224,000 RON
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)
Significant event to be reported:
· Conclusion of Addendum no. 2/October 25, 2024 to the Loan Agreement no. 42805/September 21,2023 between S.N.G.N. Romgaz S.A. and Romgaz Black Sea Limited through Romgaz Black Sea Limited Nassau (Bahamas) - Sucursala Bucuresti
In accordance with the provisions of Law no. 24/2017 (R) and the A.S.F. Regulation no. 5/2018, Societatea Nationala de Gaze Naturale Romgaz S.A. (ROMGAZ) informs its shareholders and investors that, following the provisions of the OGMS Decision no. 12 from September 11, 2024, on October 25, 2024, was concluded Addendum no 2 to the Loan Agreement no. 42805/September 21,2023 between ROMGAZ, as creditor and Romgaz Black Sea Limited through Romgaz Black Sea Limited Nassau (Bahamas) - Sucursala Bucuresti (Bucharest Branch), as borrower.
The object of the Addendum is to amend the drawdown period of the credit line, by extending it until May 31, 2027. Furthermore, the borrower has the right to reimburse the loan in advance, in whole or in part, and loan reimbursement and interest payment may be performed in cash or by converting the borrower's debts into shares.
The other provisions of the Loan Agreement remain unchanged.
As previously reported, the conclusion of the Loan Agreement no. 42805/September 21, 2023 was approved by the Decision of the Ordinary General Meeting of ROMGAZ Shareholders no. 10/ July 27, 2023. Initially, the period of use of the financing was set "between the date of signing the Loan Agreement until the entire drawdown of the credit line, but not later than May 31, 2024" and was subsequently extended until October 31, 2024, by Addendum no 1/ May 31, 2024. The events were subject of the Current Reports published at the Bucharest Stock Exchange (IRIS Code: 91670 respectively, D9133) and the London Stock Exchange (RNS Number 2166N respectively, 6962Q).
Chief Executive Officer,
Razvan POPESCU
Chief Financial Officer,
Gabriela TRANBITAS
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