Current report according to Article 234 para. (1) letter s) of the Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations, as well as the provisions of Article 99 letter s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.
Important events to be reported:
Update regarding significant Net Asset Value ("NAV") changes
Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director ("FTIS") of Fondul Proprietatea S.A. (the "Fund" / "Fondul Proprietatea"), hereby informs the market that, based on the preliminary data held by FTIS, there is a high probability that the next reported NAV to be at least 5% lower than the most recent NAV as of 31 May 2023, as published by the Fund on 15 June 2023, mainly due to the valuation update of the Fund's holding in S.P.E.E.H. Hidroelectrica S.A. ("Hidroelectrica"), based on the final offer price in the initial public offering by the Fund of Hidroelectrica's shares.
Fondul Proprietatea will publish the NAV report for 30 June 2023 no later than 14 July 2023.
Franklin Templeton International Services S.À R.L, in its capacity of alternative investment fund manager and sole director of FONDUL PROPRIETATEA S.A.
Sole Registration Code with the Trade Register Office: 18253260
Order number in the Trade
Register:
J40/21901/2005
Subscribed and paid-up share capital:
RON 3,233,269,110.76
Number of shares in issue
and paid-up:6,217,825,213
Regulated market on whichthe issued securities are traded:
Shares on Bucharest Stock Exchange
GDRs on London Stock Exchange
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Disclaimer
Fondul Proprietatea SA published this content on 07 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2023 05:47:02 UTC.
Fondul Proprietatea S.A. is an alternative investment fund that specializes in acquiring shares in companies operating in the renewable energy, oil and gas industries, bank, infrastructure construction sectors, etc.
At the end of 2020, the group's portfolio amounted, in market value, to RON 10.3 billion.