REG - Fondul Proprietatea - Completion of the public tender offer

Fondul Proprietatea SAAnnouncement

25/09/2024 16:45

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RNS Number : 6790F  Fondul Proprietatea S.A.  25 September 2024

 To:          Bucharest Stock Exchange                                            Report date:

                 Financial Supervisory Authority                                  25 September 2024

                London Stock Exchange

                                                                                  Name of the issuing entity:

                                                                                  Fondul Proprietatea S.A.

 Current report according to Article 99 letter s) of the Code of the Bucharest
 Stock Exchange Market Operator, Title II, Issuers and Financial Instruments.

                                                                                Registered office:
 Important events to be reported:

                                                                                76-80 Buzesti Street
 Completion of the public tender offer in relation to acceleration of the

 buy-back programme                                                               7(th) floor, district 1,

 Franklin Templeton International Services S.À R.L., in its capacity of           Bucharest, 011017
 alternative investment fund manager of Fondul Proprietatea S.A. (the "Fund"),

 would like to inform shareholders that the public tender offer (the "Offer")
 ended today.

                                                                                Phone/fax number:
 The key results of the Offer are:

                                                                                Tel.: + 40 21 200 96 00
 ·    Total subscriptions: 1,845,722,562 shares representing 686.1422% of

 the Offer (1,753,249,562 were subscribed in the form of shares and 92,473,000    Fax: +40 31 630 00 48
 shares in the form of global depositary receipts which represent the shares

 ("GDRs"), namely 1,849,460 GDRs)

 ·    Allocation ratio: 0.1457423805.                                             Email:

 ·    Number of repurchased shares: 269,000,000 shares (255,522,800 in the        office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 form of shares and 13,477,200 shares in the form of GDRs, namely 269,544

 GDRs);

 ·    Purchase price: RON 0.6622 per share and the USD equivalent of RON          Internet:
 33.1100 per GDR, computed in accordance with the terms and conditions of the

 Tender Offer Documentation; the Fund will revert on 26 September 2024 with a     www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 further announcement regarding the exchange rate applicable for the GDRs;

 ·    Shares Trade Date: 26 September 2024

                                                                                Sole Registration Code with the Trade Register Office:
 ·    Settlement / payment date: 30 September 2024 for shares. With respect

 to GDRs, the GDR Tender Agent will no later than 30 September 2024 pay the       18253260
 GDRs purchase price to the Clearing Systems for further distribution to

 Investors whose GDRs have been accepted for purchase in the Offer.

 Franklin Templeton International Services S.À R.L., in its capacity of           Order number in the Trade Register:
 alternative investment fund manager of FONDUL PROPRIETATEA S.A.

                                                                                J40/21901/2005

 Johan MEYER

                                                                                Subscribed and paid-up share capital:
 Permanent Representative

                                                                                RON 1,849,342,164.28

                                                                                  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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