S.N.G.N. Romgaz S.A. Extension of Exxon Exclusivity Agreement (0960O)
October 05 2021 - 8:28AM
UK Regulatory
TIDMSNGR
RNS Number : 0960O
S.N.G.N. Romgaz S.A.
05 October 2021
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 5 , 2021
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: 385,422,400 RON
Regulated market where the issued securities are traded:
Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)
Significant event to be reported:
-- Extension of Exclusivity Agreement related to the negotiation
of the transaction for the acquisition of 100% of ExxonMobil
Exploration and Production Romania Limited shares
In order to complete the negotiations of the transaction with
the respect to the acquisition of 100% of ExxonMobil Exploration
and Production Romania Limited shares and to obtain corporate
approvals for the transaction, on October 5, 2021 S.N.G.N Romgaz
S.A. and ExxonMobil Exploration and Production Romania Holdings
Ltd. agreed to extend the exclusivity period from October 15, 2021,
to November 15, 2021. All other clauses of the Exclusivity
Agreement remain unchanged.
We remind that on June 17, 2021 the parties signed an
Exclusivity Agreement by which the seller has granted Romgaz an
exclusivity right for a period of 4 months (until October 15, 2021)
(the "Exclusivity Agreement") with respect to the negotiations for
the acquisition of all shares issued by (representing 100% of the
share capital of) ExxonMobil Exploration and Production Romania
Limited, company that holds 50% of the rights and obligations under
the Concession Agreement for petroleum exploration, development and
production in XIX Neptun Deep Block.
Chief Executive Officer,
Aristotel Marius JUDE
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCMABJTMTTMBAB
(END) Dow Jones Newswires
October 05, 2021 09:28 ET (13:28 GMT)
SNGN Romgaz (LSE:SNGR)
Historical Stock Chart
From Sep 2024 to Oct 2024
SNGN Romgaz (LSE:SNGR)
Historical Stock Chart
From Oct 2023 to Oct 2024