________________________________________________________________________________________________________
To: | Bucharest Stock Exchange |
Financial Supervisory Authority | |
London Stock Exchange |
Current report according to Article 99 (s) of the Code of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments
Important events to be reported:
Completion of the public tender offer in relation to the tenth buy-back programme
Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager (the "Investment Manager") of Fondul Proprietatea SA (the "Fund"), would like to inform shareholders that the public tender offer launched in relation to the tenth buy-back programme (the "Offer") ended today.
The key results of the Offer are:
- Total subscriptions: 4,672,180,622 shares representing 3,114.8% of the Offer (2,805,099,522 were subscribed in the form of shares and 1,867,081,100 shares in the form of global depositary receipts which represent the shares ("GDR"), namely 37,341,622 GDRs)
- Allocation ratio: 0.0321049232
- Number of repurchased shares: 150,000,000 shares (90,057,550 in the form of shares and 59,942,450 shares in the form of GDRs, namely 1,198,849 GDRs);
- Purchase price: RON 1.21 per share and the USD equivalent of RON 60.50 per GDR, computed in accordance with the terms and conditions of the Tender Offer Documentation; the Fund will revert on 20 August 2019 with a further announcement regarding the exchange rate applicable for the GDRs;
- Trade Date: 20 August 2019
- Settlement / payment date: 22 August 2019 for shares. With respect to GDRs, the GDR Tender Agent will no later than 21 August 2019 pay the GDRs purchase price to the Clearing Systems for further distribution to Investors whose GDRs have been accepted for purchase in the Offer
Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.
Johan MEYER
Legal Representative
Report date:
19 August 2019
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 4,733,020,898.32
Paid-up share capital:
RON 4,543,838,476.32
Number of shares in
issue:
9,101,963,266
Number of paid shares:
8,738,150,916
Regulated market on
which the issued
securities are traded:
Shares on Bucharest Stock
Exchange
GDRs on London Stock
Exchange
__________________________________________________________________________________________________________________________________________________________________________
FONDUL PROPRIETATEA S.A., an alternative investment fund | • Headquarters at: 78-80 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 share capital RON 4,733,020,898.32, Paid-up Share Capital: RON 4,543,838,476.32 • Tel.: + 40 21 200 9600; | Fax: +40 21 200 9631; |
Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro
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Fondul Proprietatea SA published this content on 19 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2019 17:21:05 UTC