REG - Fondul Proprietatea - Update on the selection process for an AIFM

Fondul Proprietatea SAAnnouncement

21/01/2025 07:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250121:nRSU0981Ua&default-theme=true

RNS Number : 0981U  Fondul Proprietatea S.A.  21 January 2025

 To:          Bucharest Stock Exchange                                                                                                         Report date:

                Financial Supervisory Authority                                                                                                21 January 2025

                London Stock Exchange

                                                                                                                                               Name of the issuing entity:

 Current report according to Article 234 para. (1) of the Financial Supervisory                                                                Fondul Proprietatea S.A.
 Authority Regulation no. 5/2018 on issuers of financial instruments and market

 operations, as well as the provisions of Article 99 letter a) of the Code of
 the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

                                                                                                                                             Registered office:
 Important events to be reported:

                                                                                                                                             76-80 Buzesti Street
 Update on selection process for an alternative investment fund manager

                                                                                                                                             7(th) floor, district 1,
 Further to Resolution no. 9 / 25 September 2023 of the Ordinary General

 Meeting of Shareholders ("OGMS") of Fondul Proprietatea S.A. ("Fondul"),                                                                      Bucharest, 011017
 published on the Fund's website here

 (https://www.fondulproprietatea.ro/files/live/sites/fondul/files/en/gsm-decisions/2023/25%20September/OGM%209_Res%20selection%20-%20MF.pdf)
 , the Board of Nominees ("Board / BoN") of Fondul Proprietatea S.A. is pleased

 to provide the following update on the BoN led selection process for an                                                                       Phone/fax number:
 alternative investment fund manager ("AIFM") for Fondul.

                                                                                                                                             Tel.: + 40 21 200 96 00
 As noted in the announcement on 2(nd) December 2024, the BoN received two AIFM

 submissions from:                                                                                                                             Fax: +40 31 630 00 48

 ·      A global infrastructure asset manager; and

 ·   A European-based AIFM in partnership with a Romanian asset management                                                                     Email:
 advisory firm.

                                                                                                                                             office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 In collaboration with its selection advisor Deutsche Numis, the BoN has

 conducted an initial review of candidate submissions based on the selection
 criteria approved by Fondul shareholders by General Meeting of Shareholders

 held on 27 September 2024.                                                                                                                    Internet:

 Following its review, the BoN announces that it will conduct additional due                                                                   www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 diligence and will engage with candidates during scheduled meetings, to take

 place in February 2025, at the office of the selection advisor. The purpose of
 these meetings will be to further evaluate the candidate submission and obtain

 additional clarifications. In line with the shareholders instructions, the BoN                                                                Sole Registration Code with the Trade Register Office:
 will only select candidates that satisfy the condition to be, or be in a

 consortium with, an EU regulated AIFM.                                                                                                        18253260

 A further update will be made by the BoN to investors following completion of
 its review.

                                                                                                                                             Order number in the Trade Register:

                                                                                                                                             J40/21901/2005
 The Board of Nominees of FONDUL PROPRIETATEA S.A.

 Ilinca von DERENTHALL

                                                                                                                                             Subscribed and paid-up share capital:
 Chairperson

                                                                                                                                             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

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRPKDBKOBKKKDB