The percentage interest rate that applies to the above mentioned term deposits is of 6.75% per annum. The maturity date is June 21, 2023.
“We specify the fact that, on 15.03.2023, SNN has constituted deposits with Exim Bank , in the cumulated value of 1.248.795.000 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 company said in a stock market report.
Nuclearelectrica also announced on March 16, 2023 that it placed with state-run lender CEC BANK a term deposit in the amount of RON104.5 million. The percentage interest rate that applies to the above mentioned term deposits is of 6.75% per annum and the maturity date is June 21, 2023.
“We specify the fact that, on 15.03.2023, SNN has constituted deposits with CEC BANK SA, in the cumulated value of 621.850.000 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 second stock market report shows.
Nuclearelectrica has a market capitalization of RON14 billion after its shares have gained 6.7% since the beginning of 2023, amid deals worth RON80.4 million.