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RNS Number : 5609J Fondul Proprietatea S.A. 05 April 2024
To: Bucharest Stock Exchange Report date:
Financial Supervisory Authority 5 April 2024
London Stock Exchange
Name of the issuing entity:
Current report according to the provisions of Article 99 letter s) of the Code Fondul Proprietatea S.A.
of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments
Important events to be reported:
Registered office:
Update on the Fund's buyback programmes
76-80 Buzesti Street
Franklin Templeton International Services S.À R.L., in its capacity of
alternative investment fund manager and sole director ("AIFM / Fund Manager") 7(th) floor,1(st) district,
of Fondul Proprietatea S.A. ("Fund"), would like to update shareholders and
investors on the status of its buyback programmes. Bucharest, 011017
Start of the fifteenth buyback programme
In accordance with EGM Resolution no. 1/13 February 2024, published in the Phone/fax number:
Official Gazette of Romania, Part IV, no. 955/26 February 2024, the next
buyback programme refers to the acquisition of a maximum number of Tel.: + 40 21 200 96 00
1,000,000,000 ordinary shares and/or equivalent global depositary receipts
corresponding to the Fund's shares ("GDRs"). The duration of the buyback Fax: + 40 31 630 00 48
programme is 8 April 2024 - 31 December 2024. The shares repurchased during
this buyback programme will be cancelled. The trade price range for the
programme is RON 0.2 / share to RON 1 / share. This buy-back programme
implementation will be done exclusively from own sources ("2024 buyback Email:
programme").
office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
The Fund Manager would like to inform shareholders that Auerbach Grayson and
Swiss Capital have been selected to provide brokerage services for the 2024
buyback programme.
Internet:
The Fund is allowed to buyback daily up to 25% of the average daily volume of
the Fund's shares (whether in the form of ordinary shares or GDRs) on the www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
regulated market on which the purchase is carried out, calculated in
accordance with applicable law. AIFM will report on a weekly basis on the
progress of the 2024 buyback programme according to the legislation in force.
Sole Registration Code with the Trade Register Office:
Franklin Templeton International Services S.À R.L., acting as Alternative
Investment Fund Manager and Sole Director of FONDUL PROPRIETATEA S.A. 18253260
Johan MEYER
Permanent Representative Order number in the Trade Register:
J40/21901/2005
Subscribed and paid-up share capital:
RON 2,947,779,186.56
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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