___________________________________________________________________________________________________
To: | FINANCIAL SUPERVISORY AUTHORITY |
BUCHAREST STOCK EXCHANGE | |
LONDON STOCK EXCHANGE | |
Re: | Notification regarding the buy-back transactions performed during the 2024 |
programme | |
From: | FONDUL PROPRIETATEA S.A. |
Considering article 2 of Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, Article 5(3) of Regulation (EU) No 596/2014 on market abuse (market abuse regulation) and Article 26 (3) of Regulation (EU) No 600/2014 on markets in financial instruments, FONDUL PROPRIETATEA S.A. ("FP" / the "Fund"), represented by Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager, hereby informs you in its capacity as Issuer on the following information regarding the transactions concluded during 24- 28 June 2024:
- Issuer's name (buyer)
- Brokers' names
- Description of the acquired financial instruments and trading place
- Transaction's type
- Details with respect to the execution of the buy-back market orders
FONDUL PROPRIETATEA S.A.
Bucharest Stock Exchange Symbol: FP
London Stock Exchange Symbol: FP.
- SWISS CAPITAL S.A., and
- AUERBACH GRAYSON
Ordinary shares issued by the Fund (ISIN ROFPTAACNOR5) listed and traded on the Bucharest Stock Exchange ("BVB"), and Global Depositary Receipts ("GDRs") (ISIN US34460G1067) corresponding to the Fund's shares listed and traded on the London Stock Exchange ("LSE")
Buy-back
Within the trading session
The details of the transactions carried out during the reporting period with respect to the shares and GDRs issued by Fondul Proprietatea SA for the purpose of the buy-back are described further below:
Weighted | Weighted | Volume of | Volume of | |||
average | Value of the | |||||
average | the | the | Value of the | |||
Date of the | price per | transaction | ||||
price per | transaction | transaction | transaction with | |||
transaction | share | with shares | ||||
GDR | (no. of | (no. of | GDRs (USD) | |||
(RON)* | (RON) | |||||
(USD)* | shares) | GDRs) | ||||
24 June 2024 | - | 4.5000 | - | 985 | - | 4,432.50 |
25 June 2024 | 0.4099 | - | 2,066,810 | - | 847,185.42 | - |
26 June 2024 | 0.4081 | - | 2,143,175 | - | 874,629.72 | - |
27 June 2024 | 0.3996 | - | 2,117,532 | - | 846,165.79 | - |
28 June 2024 | 0.3981 | - | 2,421,440 | - | 963,975.26 | - |
__________________________________________________________________________________________________________________________________________________________ |
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017,
Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed and paid-up share capital
RON 2,947,779,186.56 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: office@fondulproprietatea.ro;Internet: www.fondulproprietatea.ro
___________________________________________________________________________________________________
USD 4,432.50 | ||||
total value of the | ||||
GDRs acquisition | ||||
RON 20,568.13 | ||||
985 GDRs | RON | estimated value of | ||
8,748,957 | 3,531,956.19 | the equivalent | ||
Number of shares and GDRs bought-back | (representing | |||
shares | total value of | shares of GDRs | ||
and total value of transactions performed | 49,250 | |||
the shares | based on the | |||
during the reporting period | shares) | |||
acquisition | exchange rate | |||
communicated by | ||||
the National Bank | ||||
of Romania | ||||
USD 348,165.37 | ||||
total value of the | ||||
GDRs acquisition | ||||
RON | RON | |||
Total number of shares and GDRs bought- | 65,504 GDRs | 28,085,057.50 | 1,616,569.17 | |
61,326,750 | (representing | total | estimated value of | |
back and total value of transactions | ||||
shares | 3,275,200 | value of the | the equivalent | |
performed during 2024 | ||||
shares) | shares | shares of GDRs | ||
acquisition | based on the | |||
exchange rate | ||||
communicated by | ||||
the National Bank | ||||
of Romania | ||||
Number of shares left to be repurchased | ||||
within the 2024 buy-back programme1 as of | 935,398,050 shares | |||
the date of this notification |
* The weighted average price per security was rounded to 4-digits
Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.
Johan MEYER - Permanent Representative
1 As per the Fund's Extraordinary General Shareholders Meeting Resolution no. 1/13 February 2024, published in the Official Gazette of Romania, Part IV, no. 955/26 February 2024, the 2024 buyback programme refers to the acquisition by the Fund of a maximum number of 1,000,000,000 shares and/or equivalent global depository receipts corresponding to the Fund's shares ("GDRs"). The duration of the 2024 buyback programme is until 31 December 2024. The shares repurchased during this buyback programme will be cancelled (the "2024 buyback programme").
__________________________________________________________________________________________________________________________________________________________
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017,
Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed and paid-up share capital
RON 2,947,779,186.56 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: office@fondulproprietatea.ro;Internet: www.fondulproprietatea.ro
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Fondul Proprietatea SA published this content on 01 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2024 12:27:26 UTC.