Fondul Proprietatea - Approval of the public tender offer

Fondul Proprietatea SA

24/10/2023 14:49

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231024:nRSX1473Ra&default-theme=true

RNS Number : 1473R  Fondul Proprietatea S.A.  24 October 2023

 To:          Bucharest Stock Exchange

                 Financial Supervisory Authority                                                                                        Report date:

                London Stock Exchange                                                                                                   24 October 2023

 Current report according to Article 234 para. (1) letter k) of the Financial                                                           Name of the issuing entity:
 Supervisory Authority Regulation no. 5/2018 on issuers of financial

 instruments and market operations, as well as the provisions of Article 99                                                             Fondul Proprietatea S.A.
 letter (s) of the Code of the Bucharest Stock Exchange Market Operator, Title

 II, Issuers and Financial Instruments

 Important events to be reported:                                                                                                       Registered office:

 Approval of the public tender offer in relation to the acceleration of the                                                             76-80 Buzesti Street
 buy-back programme

                                                                                                                                      7(th) floor, district 1,
 Franklin Templeton International Services S.À R.L., in its capacity of

 alternative investment fund manager and sole director ("AIFM / Fund Manager")                                                          Bucharest, 011017
 of Fondul Proprietatea SA (the "Fund") would like to inform shareholders that

 the Financial Supervisory Authority approved on 24 October 2023 the Fund's
 application for a public tender offer in relation to the acceleration of the

 ongoing buy-back programme (the "Offer").                                                                                              Phone/fax number:

 The main details of the Offer are:                                                                                                     Tel.: + 40 21 200 96 00

 ·    Value of the Offer: up to 670,000,000 shares in the form of shares                                                                Fax: +40 31 630 00 48
 and/or global depositary receipts which represent the shares ("GDR")

 ·    Purchase price: RON 0.6319 per share and the USD equivalent of RON

 31.5950 per GDR, computed in accordance with the terms and conditions of the                                                           Email:
 tender offer documentation

                                                                                                                                      office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 ·      Subscription period: 31.10.2023 - 05.12.2023

 ·      Allocation method: pro-rata

                                                                                                                                      Internet:
 ·      Intermediary: Swiss Capital S.A.

                                                                                                                                      www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 ·      Dealer managers: Swiss Capital S.A. together with Auerbach

 Grayson

 ·      GDR Tender Agent: Bank of New York Mellon                                                                                       Sole Registration Code with the Trade Register Office:

 The Fund will soon announce the publication of the Offer documentation which                                                           18253260
 contains the details, steps and procedures to be followed for participating in

 the Offer.

                                                                                                                                        Order number in the Trade Register:

 (http://www.fondulproprietatea.ro/sites/default/files/constitutive_act_updated_as_at_9_june_2016_to_be_published_on_the_website.pdf)   J40/21901/2005
 Franklin Templeton International Services S.À R.L., acting as Alternative

 Investment Fund Manager of FONDUL PROPRIETATEA S.A.

 Johan MEYER                                                                                                                            Subscribed and paid-up share capital:

 Permanent Representative                                                                                                               RON 2,947,779,186.56

                                                                                                                                        Number of shares in issue and paid-up:

                                                                                                                                        5,668,806,128

                                                                                                                                        Regulated market on which the issued securities are traded:

                                                                                                                                        Shares on Bucharest Stock Exchange

                                                                                                                                        GDRs on London Stock Exchange

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TENFLFSVIRLSFIV