Investor News

News

 

If you would like to be informed about Electrica’s news – current reports, financial results, announcements for organizing web conferences for analysts and investors and other useful information, please send a request to ir@electrica.ro to be added to our distribution list.

 

On 25 August 2020, Electrica published the notification for exceeding the threshold of 5% of the voting rights of Electrica by Fondul de pensii administrat privat AZT Viitorul Tau, entity managed by Allianz-Tiriac Pensii Private SAFPP, indirectly held by Allianz SE.

 

On 14 August 2020, 4:30 p.m. (Romanian time), the Management of Electrica organized a webconference for the Presentation of H1 2020 Financial results. All details regarding the webconference are available here.

 

On 29 July 2020, Electrica published the H1 2020 Key operational indicators.

 

On 24 July 2020, Electrica published an announcement regarding the publication of the revised Corporate Governance Code

 

On 17 July 2020, Electrica published a current report regarding the change of the BoD’s Chair.

 

On 3 July 2020, Electrica published the Convening notice for EGMS dated 21 August 2020, as well as two current reports referring to the BoD’s approval of the vote in favor of the merger of the two energy services companies within Electrica Group and referring to the BoD’s approval of the vote in favor of the merger of the three distribution companies within Electrica Group.

 

Following the request received during the OGMS dated 14 November 2019, we present to the shareholders The comparative analysis of the evolution of Electrica share price vs the main listed energy companies and BET-TR – from the admission to trading up to date – document published on 18 December 2019

 

The most recent reports

 

All the current reports may be found here.

 

The most recent GMSs

  • The General Meeting of Shareholders dated 21 August 2020 approved
    • the participation of Electrica in the extraordinary general meeting of the shareholders of Servicii Energetice Muntenia S.A. and the expression of a favorable vote (”for”) regarding the approval of the dissolution without liquidation and the deregistration from the Trade Register and from the financial administration’s records of the absorbed company Servicii Energetice Muntenia S.A. starting with the effective date of the Merger as an effect of the Merger, pursuant to the provisions of the Merger Plan;
    • the participation of Electrica in the extraordinary general meeting of the shareholders of Societatea de Distributie a Energiei Electrica Muntenia Nord S.A. and of Societatea de Distributie a Energiei Electrica Transilvania Sud S.A. and the expression of a favorable vote (”for”) regarding the approval of the dissolution without liquidation and the deregistration from the Trade Register and from the financial administration’s records of the absorbed companies, starting with the effective date of the Merger as an effect of the Merger, pursuant to the provisions of the Merger Plan
  • The General Meeting of Shareholders as of 29 April 2020 approved the 2019 financial statements and the 2020 budgets, at individual and consolidated level, the dividend proposal and a new member of the BoD.
  • The General Meeting of Shareholders as of 14 November 2019 approved a filing a civil action in court underscoring the liability of the persons who have held the positions of directors and respectively, executive managers of the Company for obligations not fulfilled and/or improperly fulfilled, according to art. 155 of Law no. 31/1990, which determined the damages retained by the Romanian Court of Accounts (RCA) and rejects the rest of items on the OGMS agenda and EGMS had no quorum.
  • The General Meetings of Shareholders as of 25 April 2019 approved the 2018 financial statements and the 2019 budgets, at individual and consolidated level, the dividend proposal and rejected the proposals regarding The Remuneration Policy of BoD members and the Remuneration limits of the Company’s Executive managers. Also, it was approved the initiation of the share capital increase operation with through in kind contribution (9 plots of land) of the Romanian State and the exercising of the preference right through in cash contribution for the rest of shareholders.

All the GMS documents may be found here.

 

The most recent results

  • On 14 May 2020, Electrica published Q1 2020 financial results. The documents are available here.
  • On 6 March 2020, Electrica published the 2019 financial results. The documents are available here.
  • On 28 February 2020, Electrica published the preliminary financial results for 2019. The documents are available here.
  • On 15 November 2019, Electrica published Q3 2019 financial results. The documents are available here.
  • On 14 August 2019, Electrica published H1 2019 financial results. The documents are available here.

The rest of financial statements are available here, and the rest of presentations for analysts and investors are available here.

 

Annual Report

 

On 30 April 2020, Electrica published the 2019 Annual Report.

On 30 April 2019, Electrica published the 2018 Annual Report.

All the annual reports are available here.