REG - Fondul Proprietatea - Engie - Completion of the sale

Fondul Proprietatea SAAnnouncement

20/02/2024 12:30

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RNS Number : 7977D  Fondul Proprietatea S.A.  20 February 2024

 To:          Bucharest Stock Exchange                                                                                           Report date:

                 Financial Supervisory Authority                                                                                 20 February 2024

                London Stock Exchange

                                                                                                                                 Name of the issuing entity:

                                                                                                                                 Fondul Proprietatea S.A.

 Current report according to Article 234 para. (1) of the Financial Supervisory                                                  Registered office:
 Authority Regulation no. 5/2018 on issuers of financial instruments and market

 operations, as well as the provisions of Article 99 letter s) of the Code of                                                    76-80 Buzesti Street
 the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

                                                                                                                               7(th) floor, district 1,
 Important events to be reported:

                                                                                                                               Bucharest, 011017
 Completion of the sale of Fondul Proprietatea's minority shareholding in Engie

 Romania S.A.

 Further to the current reports published on 11 December 2023 and 27 December                                                    Phone/fax number:
 2023, Franklin Templeton International Services S.À R.L., in its capacity as

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

 about the completion of the sale of the Fund's entire holding in Engie Romania                                                  Fax: +40 31 630 00 48
 S.A. (the "Transaction").

 Following the Transaction, the Fund received gross proceeds of RON

 432,616,167.75. The proceeds will be used in accordance with the discount                                                       Email:
 management techniques set out in Fondul Proprietatea's Investment Policy

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

 . When proposing any Discount Control Mechanism ("DCM") measures, the Fund
 Manager will also observe the current and potential cash requirements for the

 foreseeable future, in line with the current size and risk profile of the                                                       Internet:
 Fund.

                                                                                                                               www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 We remind shareholders that the Transaction was concluded following the

 closing of an share purchase and sale agreement between the Fund, as seller,
 and GDF International SAS, as purchaser, for the sale of the entire

 shareholding held by the Fund in Engie Romania S.A.                                                                             Sole Registration Code with the Trade Register Office:

 Furthermore, the completion of the Transaction was conditioned upon the Fund's                                                  18253260
 shareholders approval, which was granted during the 13 February 2024

 Extraordinary General Shareholders Meeting.

 Following the Transaction, the Fund no longer holds any shares in Engie                                                         Order number in the Trade Register:
 Romania S.A.

                                                                                                                               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 2,947,779,186.56
 Johan MEYER

 Permanent Representative

                                                                                                                                 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

 

 

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