REG - Fondul Proprietatea - Payment of special dividends

Fondul Proprietatea SAAnnouncement

22/08/2023 14:30

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RNS Number : 1146K  Fondul Proprietatea S.A.  22 August 2023

 To:          Bucharest Stock Exchange                                                                                        Report date:

                 Financial Supervisory Authority                                                                              22 August 2023

                London Stock Exchange                                                                                         Name of the issuing entity:

                                                                                                                              Fondul Proprietatea S.A.

 Current report according to Article 79 of the Issuer Law no. 24/2017, Article
 145 para. (1) of the Financial Supervisory Authority Regulation no. 5/2018 on

 issuers of financial instruments and market operations, as well as the                                                       Registered office:
 provisions of Article 99 letter q(1)) of the Code of the Bucharest Stock

 Exchange, Title II, Issuers and Financial Instruments.                                                                       76-80 Buzesti Street

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

 Payment of special dividends                                                                                                 Bucharest, 011017

 Franklin Templeton International Services S.À R.L., in its capacity as
 alternative investment fund manager and sole director (the "Fund Manager") of

 Fondul Proprietatea S.A. (the "Fund"), would like to inform shareholders that                                                Phone/fax number:
 the Fund will start the payment of special dividends on 29 September 2023

 ("Payment Date").                                                                                                            Tel.: + 40 21 200 96 00

 The gross value of the dividend is RON 1.7225 per share, as approved on 18                                                   Fax: +40 31 630 00 48
 August 2023, during the Fund's Ordinary General Meeting of Shareholders.

 Holders of fully paid-up shares registered in the Fund's shareholders'

 registry kept by the Central Depositary, on the Registration Date of 8                                                       Email:
 September 2023, are entitled to receive this dividend. The Ex - Date is 7

 September 2023.                                                                                                              office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)

 The payment shall be performed as follows:

 a)         directly by the custodian bank or broker for shareholders                                                         Internet:
 having a custodian/brokerage account;

                                                                                                                            www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 b)         for all other shareholders:

 (i)         by the Central Depositary, through BRD Groupe Societe

 Generale (acting as payment agent and further referred to as the "Payment                                                    Sole Registration Code with the Trade Register Office:
 Agent"), for bank transfers when the supporting documentation required by the

 Central Depositary, along with a payment request, have been submitted.                                                       18253260

 (ii)        by the Payment Agent for cash payments at any of its
 agencies, or by bank transfer (when the supporting documentation required by

 the Payment Agent, along with a payment request, have been submitted to the                                                  Order number in the Trade Register:
 Payment Agent).

                                                                                                                            J40/21901/2005
 More details regarding this dividend payment, including its tax implications,

 documents to be submitted to benefit of certain tax exemptions or lower tax
 rates, can be found in the general payment procedure available on the Fund's

 webpage at: General dividend payment procedure in force starting with 1                                                      Subscribed and paid-up share capital:
 January 2023 (fondulproprietatea.ro)

 (https://www.fondulproprietatea.ro/files/live/sites/fondul/files/en/corporate-governance/General%20dividend%20payment.pdf)   RON 3,233,269,110.76
 .

 In relation to the said tax exemptions and reduced tax rates, we would like to

 emphasize that all documents and/or clarifications entitling shareholders to                                                 Number of shares in issue and paid-up:
 benefit from a reduced withholding tax rate or tax exemption must be provided

 to the Fund by 15 September 2023 (as further detailed in the said payment                                                    6,217,825,213
 procedure). Given that some tax issues may require a more detailed analysis or

 additional clarifications, it is strongly recommended that the necessary
 documents to be submitted to the Fund prior to 15 September 2023.

                                                                                                                            Regulated market on which the issued securities are traded:
 Also, as an important notice to shareholders, this dividend payment is subject

 to the general statute of limitation. As such, shareholders may request the                                                  Shares on Bucharest Stock Exchange
 payments only within a 3-year term starting with the Payment Date, namely by

 29 September 2026.                                                                                                           GDRs on London Stock Exchange

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

 Johan MEYER

 Permanent representative

 

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