Fondul Proprietatea - Update on the public tender offer process

Fondul Proprietatea SA

02/11/2023 16:02

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RNS Number : 2437S  Fondul Proprietatea S.A.  02 November 2023

 To:          Bucharest Stock Exchange

                 Financial Supervisory Authority                                                                                        Report date:

                London Stock Exchange                                                                                                   2 November 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:

 Update on the public tender offer process in relation to the buy-back                                                                  76-80 Buzesti Street
 programme

                                                                                                                                      7(th) floor, district 1,
 Further to the current reports published on 24 October 2023 and 26 October

 2023 regarding the approval of the public tender offer by the Financial                                                                Bucharest, 011017
 Supervisory Authority ("FSA") and the publication of the public tender offer

 documentation, Franklin Templeton International Services S.À R.L., in its
 capacity of alternative investment fund manager and sole director ("AIFM /

 Fund Manager") of Fondul Proprietatea SA (the "Fund"), would like to inform                                                            Phone/fax number:
 shareholders that today, we submitted for FSA's approval an application to

 amend the public tender offer documentation by increasing the number of                                                                Tel.: + 40 21 200 96 00
 tendered shares (both in the form of shares and GDRs) to up to 1,670,000,000.

                                                                                                                                      Fax: +40 31 630 00 48
 It is expected that details of the public tender offer as amended to be

 announced if and when the approval is received from the FSA, which is expected
 to occur within 10 business days according to the regulations in force.

                                                                                                                                      Email:
 Important disclaimer to shareholders and investors

                                                                                                                                      office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 The filing of the application for the approval of the envisaged amendment to

 the public tender offer does not constitute a guarantee that the Fund will
 actually proceed with the amendment of the public tender offer; the Fund's

 decision to implement the amendment will depend on several factors (including                                                          Internet:
 market conditions and the approval of the envisaged amendment to the public

 tender offer documentation by the FSA). Nothing in this announcement shall be                                                          www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 construed as an obligation of the Fund to implement the amendment to the

 tender offer.

 If the amendment to the public tender offer is implemented, the tender and the                                                         Sole Registration Code with the Trade Register Office:
 purchase of the shares and GDRs will be carried out exclusively in accordance

 with the terms and conditions of the public tender offer document as amended,                                                          18253260
 if and when published. The information contained in this announcement is for

 background purposes only and does not purport to be full or complete. No
 reliance may be placed for any purpose on the information contained in this

 announcement or its accuracy or completeness. This announcement is not                                                                 Order number in the Trade Register:
 intended to, and does not constitute, or form part of, an offer to sell or an

 invitation to purchase, exchange or subscribe for any securities in any                                                                J40/21901/2005
 jurisdiction. This announcement does not constitute a prospectus or a

 prospectus equivalent document.

 Swiss Capital S.A. and Auerbach Grayson, which is authorised and regulated by                                                          Subscribed and paid-up share capital:
 the Financial Conduct Authority in the United Kingdom of Great Britain and

 Northern Ireland, are acting exclusively for the Fund and no one else in                                                               RON 2,947,779,186.56
 connection with the distribution of this document and will not be responsible

 to anyone other than the Fund for providing the protections afforded to their
 respective clients.

 (http://www.fondulproprietatea.ro/sites/default/files/constitutive_act_updated_as_at_9_june_2016_to_be_published_on_the_website.pdf)

 Franklin Templeton International Services S.À R.L., acting as Alternative                                                              Number of shares in issue and paid-up:
 Investment Fund Manager of FONDUL PROPRIETATEA S.A.

                                                                                                                                      5,668,806,128
 Johan MEYER

 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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