The percentage interest rate that applies to the term deposit is of 7.50 % per annum. The maturity date is on August 7, 2023.
“We specify the fact that, on 06.02.2023, SNN has constituted deposits with Exim Bank, in the cumulated value of 1.353.678.000 lei (Appendix no. 1), the amount exceeding 5% of the value of SNN’s net assets, as well as 10 % of the net turnover related to the last annual financial statement, reason for which, in accordance with the provisions of art. 108 of Law 24/2017 with subsequent amendments and completions and with the provisions of art. 234 letter i) of the ASF Regulation no. 5/2018, SNN has the obligation to report including the cumulative value of these transactions,” the report reads.
On February 15, 2023, the company’s shareholders will vote on the 2023 budget of revenue and expenditure. Nuclearelectrica targets revenue of RON7.6 billion and pre-tax profit of RON1.8 billion.
SNN shares have lost 5% over the past year, amid deals worth RON386 million, as per stock market data.
The company is majority held by the Romanian State and has a market value of RON13.3 billion.