REG - Fondul Proprietatea - Approval of the public tender offer

Fondul Proprietatea SAAnnouncement

04/09/2024 16:00

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RNS Number : 9389C  Fondul Proprietatea S.A.  04 September 2024

 To:          Bucharest Stock Exchange                                            Report date:

                 Financial Supervisory Authority                                  4 September 2024

                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

 Approval of the public tender offer in relation to the acceleration of the       7(th) floor, district 1,
 buy-back programme

                                                                                Bucharest, 011017
 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 shareholders that

 the Financial Supervisory Authority approved on 4 September 2024 the Fund's      Phone/fax number:
 application for a public tender offer in relation to the acceleration of the

 ongoing buy-back programme (the "Offer").                                        Tel.: + 40 21 200 96 00

 The main details of the Offer are:                                               Fax: +40 31 630 00 48

 ·      Value of the Offer: up to 269,000,000 shares in the form of
 shares and/or global depositary receipts which represent the shares ("GDR")

                                                                                Email:
 ·      Purchase price: RON 0.6622 per share and the USD equivalent of

 RON 33.1100 per GDR, computed in accordance with the terms and conditions of     office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 the tender offer documentation

 ·      Subscription period: 11 September 2024 - 25 September 2024

                                                                                Internet:
 ·      Allocation method: pro-rata

                                                                                www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 ·      Intermediary: Swiss Capital S.A.

 ·      Dealer managers: Swiss Capital S.A. together with Auerbach

 Grayson                                                                          Sole Registration Code with the Trade Register Office:

 ·      GDR Tender Agent: Bank of New York Mellon                                 18253260

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

 the Offer.                                                                       Order number in the Trade Register:

                                                                                  J40/21901/2005

 Franklin Templeton International Services S.À R.L, in its capacity of
 alternative investment fund manager and sole director of FONDUL PROPRIETATEA

 S.A.                                                                             Subscribed and paid-up share capital:

                                                                                  RON 1,849,342,164.28

 Johan MEYER

 Permanent Representative

                                                                                  Number of shares in issue and paid-up:

                                                                                  3,556,427,239

                                                                                  Regulated market on which the issued securities are traded:

                                                                                  Shares on Bucharest Stock Exchange

                                                                                  GDRs on London Stock Exchange

 

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