Fondul Proprietatea - Completion of Enel sale

Fondul Proprietatea SA

26/10/2023 15:36

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RNS Number : 4493R  Fondul Proprietatea S.A.  26 October 2023

 To:          Bucharest Stock Exchange                                                                                                  Report date:

                 Financial Supervisory Authority                                                                                        26 October 2023

                London Stock Exchange

                                                                                                                                        Name of the issuing entity:

 Current report according to Article 234 para. (1) letter k) of the Financial                                                           Fondul Proprietatea S.A.
 Supervisory Authority Regulation no. 5/2018 on issuers of financial

 instruments and market operations, as well as the provisions of Article 99
 letter f) of the Code of the Bucharest Stock Exchange, Title II, Issuers and

 Financial Instruments.                                                                                                                 Registered office:

 Important events to be reported:                                                                                                       76-80 Buzesti Street

 Completion of the sale of Fondul Proprietatea's minority shareholding in                                                               7(th) floor, district 1,
 E-Distributie Muntenia S.A., Enel Energie Muntenia S.A., E-Distributie

 Dobrogea S.A., E-Distributie Banat S.A., and ENEL Energie S.A.                                                                         Bucharest, 011017

 Further to the current reports published on 14 March 2023, respectively 20                                                             Phone/fax number:
 April 2023, Franklin Templeton International Services S.À R.L., in its

 capacity as alternative investment fund manager and sole director of Fondul                                                            Tel.: + 40 21 200 96 00
 Proprietatea S.A. (the "Fund")  would like to inform shareholders about the

 completion of the sale of the Fund's entire holding in E-Distributie Muntenia                                                          Fax: +40 31 630 00 48
 S.A., Enel Energie Muntenia S.A., E-Distributie Dobrogea S.A., E-Distributie

 Banat S.A. and ENEL Energie S.A. ("ENEL Group in Romania") (the
 "Transaction").

                                                                                                                                      Email:

                                                                                                                                      office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 Following the Transaction, the Fund received gross proceeds of RON

 650,000,000. The proceeds will be used in accordance with the discount
 management techniques set out in Fondul Proprietatea's Investment Policy,

 published here: Investment Policy Statement (fondulproprietatea.ro)                                                                    Internet:
 (https://www.fondulproprietatea.ro/files/live/sites/fondul/files/en/corporate-governance/Investment%20Policy%20Statement.pdf)

 .                                                                                                                                      www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)

 We remind shareholders that the Transaction was concluded following the                                                                Sole Registration Code with the Trade Register Office:
 closing of an agreement between Enel S.p.A. and the Greek company Public Power

 Corporation S.A. for the sale of all the equity stakes held by the Enel Group                                                          18253260
 in Romania

 (https://www.enel.com/media/explore/search-press-releases/press/2023/03/enel-signs-agreement-to-sell-its-romanian-operations-to-ppc
 (https://www.enel.com/media/explore/search-press-releases/press/2023/03/enel-signs-agreement-to-sell-its-romanian-operations-to-ppc)

 ).                                                                                                                                     Order number in the Trade Register:

                                                                                                                                        J40/21901/2005

 Following the Transaction, the Fund no longer holds any shares in the ENEL
 Group in Romania.

                                                                                                                                      Subscribed and paid-up share capital:

                                                                                                                                      RON 2,947,779,186.56
 Franklin Templeton International Services S.À R.L, in its capacity of

 alternative investment fund manager and sole director of FONDUL PROPRIETATEA
 S.A.

                                                                                                                                      Number of shares in issue and paid-up:
 Johan MEYER

                                                                                                                                      5,668,806,128
 Permanent Representative

                                                                                                                                        Regulated market on which the issued securities are traded:

                                                                                                                                        Shares on Bucharest Stock Exchange

                                                                                                                                        GDRs on London Stock Exchange

 

 

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