E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT. - Announcement

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 8 / 2017

Data sporządzenia: 2017-02-07

Skrócona nazwa emitenta

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT.

Temat

Announcement

Podstawa prawna

Treść raportu:

ENEFI Energy Efficiency Plc. (“Company”) hereby informs its Honourable Investors that the Romanian affiliate thereof, E-Star CDR srl. has informed the Company about the following: 1. CDR has been informed that the Town has published its decisions made on 16/01/2017 about which the Town has not informed CDR until today in spite of its obligation set forth by law, although the decision also refers to this. The Town Council of Gheorgheni city with county authority decided on its meeting held on 16/01/2016 amongst others that it shall amend its earlier decision No: 243 of 2016. also objected by the Prefect with the following: “Considering that the validity of the licence No: 1225 for public district heating services issued by Department 3. for S.C. E-STAR CENTRUL DE DEZVOLTARE REGIONALĂ S.R.L. (Ltd.) on 24/10/2011 expired on 23/11/2015, it shall be stated that the concession agreement No: 7258 on district heating concluded between Gheorgheni town with county authority and E-STAR CENTRUL DE DEZVOLTARE REGIONALĂ S.R.L. (Ltd) on 13th* September 2010 is legally terminated.” The town has been emphasising in its statements that according to their view the agreement between the parties is valid and it may only be terminated by a court decision in the lawsuit initiated by CDR and if CDR stopped the services it would commit breach of contract. Irrespectively of the above now the Town declares that the agreement was terminated on 23/11/2015 because the licence of CDR expired. The viewpoint of CDR is still that also referring to the court decisions made meanwhile, that the agreement between the parties was terminated due to the notice of CDR in September 2015, however the new decision of the town is incomprehensible, also proving the fraudulent and unlawful conduct of the Town seen in the past year. Considering that the Town has not taken over the service until now, there are severe questions of responsibility in the case, since after this it is difficult to explain why the service has not been taken over, why the Town put the assets of the town and the security of residents at risks by initiating uncertain court proceedings with the opposite basis of reference than the above. CDR shall address the Prefect in order to clarify the situation. No actual decision was made at the hearing on 25/01/2017. The Town and the proceeding judge asked at the hearing to assign another judge in the case; however this application was rejected by the court authorised to judge the application. The date of the next hearing is 8th* March 2017. The case shall be heard by the same court which had proceeded in the lawsuit initiated by the Town. 2. The Mures County Tribunal finally rejected the appeal of the Romanian Financial Authority for the RON 9,867,217 claim under case number 1291/320/2015 in relation with the case initiated by the Romanian Financial Authority against Nyrt SP applying for the annulation of the unified executive order. 3. The Court approved the application of the company for suspension in the case of the land valuation of the real estate in Zalău and obliged the Romanian Financial Authority to pay the costs of the lawsuit.

Załączniki

Plik Opis

008_Announcement-Georgheni_01.02.pdf

MESSAGE (ENGLISH VERSION)

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT.

(pełna nazwa emitenta)

E-STAR ALTERNATIV ENERGIASZOLGALTATO NYRT. Usługi inne (uin)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

1122 Budapeszt

(kod pocztowy) (miejscowość)

Szekacs 29

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

(e-mail) (www)

13719069-2-43 n/a

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2017-02-07 Csaba Soós Member of the Board of Directors