REG - Fondul Proprietatea - Update on the 31 December 2019 Net Asset Value

Fondul Proprietatea SAAnnouncement

08/01/2020 16:05

RNS Number : 2015Z
Fondul Proprietatea S.A.
08 January 2020
 






To:          Bucharest Stock Exchange
                Financial Supervisory Authority
               London Stock Exchange
 
Current report according to the provisions of Article 234 para. (1) letter s) of FSA Regulation no. 5/2018 and of Article 99 of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments
 
Important events to be reported:
Update on the 31 December 2019 Net Asset Value
Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, as Investment Manager of Fondul Proprietatea S.A. ("Fund"), would like to inform shareholders that there is a reasonable expectation that the Net Asset Value ("NAV") of the Fund as of 31 December 2019, calculated according to Regulation no. 4/2010 of the Romanian Financial Supervisory Authority (formerly named CNVM), as subsequently amended, will be higher by more than 5% compared to the NAV as of 29 November 2019, due to the ongoing process for valuing unlisted securities held by the Fund, according to International Valuation Standards (pursuant to the fair value principle) .
The NAV report as of 31 December 2019, certified by the Fund's depositary, will be published on 15 January 2020.  
Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.
Johan MEYER
Legal Representative
 
 
http://www.rns-pdf.londonstockexchange.com/rns/2015Z_1-2020-1-8.pdf


Report date:
8 January 2020
Name of the issuing entity:
Fondul Proprietatea S.A.
Registered office:
78-80 Buzesti Street
7th floor, district 1,
Bucharest, 011017
Phone/fax number:
Tel.: + 40 21 200 9600
Fax: + 40 21 200 9631
Email:
office@fondulproprietatea.ro
Internet:
www.fondulproprietatea.ro
Sole Registration Code with the Trade Register Office:
18253260
Order number in the Trade Register:
J40/21901/2005
Subscribed share capital:
RON 3,959,264,762.44
Paid-up share capital:
RON 3,770,082,340.44
Number of shares in issue:
7,613,970,697
Number of paid shares:
7,250,158,347
Regulated market on which the issued securities are traded:
Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange
 
 
 
 




 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NAVBUGDBIUGDGGI