The percentage interest rate that applies to the term deposits is 9.5% per annum and the maturity date is February 13, 2023.
“We specify the fact that, on 16.08.2022, SNN has constituted deposits with Banca Romaneasca, in the cumulated value of 767.910.000 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,” Nuclearelectrica said in a stock market report..
The company also made a deposit of over RON82 million with Romania’s import-export bank Eximbank, with an annual percentage interest rate of 9.4%. The maturity date is February 16, 2023. To date, Nuclearelectrica has constituted deposits with Eximbank in the amount of nearly RON581 million.
SNN shares have gained 6.4% since the beginning of 2022, amid deals worth RON334 million, as per stock market data.
Nuclearelectrica is 82.5% held by the Romanian State and has a market value of RON15 billion.