Last checked at 29 Jul 2020 13:17
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: Approval of the public tender offer in relation to the acceleration of the 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 Financial Supervisory Authority approved on 29 July 2020 the Fund's application for a public tender offer in relation to the acceleration of the ongoing buy-back programme (the "Offer"). The main details of the Offer are: · Value of the Offer: up to 220,000,000 shares in the form of shares and/or global depositary receipts which represent the shares ("GDR") · Purchase price: RON 1.39 per share and the USD equivalent of RON 69.50 per GDR, computed in accordance with the terms and conditions of the tender offer documentation · Subscription period: 04 August 2020 - 9 September 2020 · Allocation method: pro-rata · Intermediary: Swiss Capital S.A. · Dealer managers: Swiss Capital S.A. together with Auerbach Grayson · GDR Tender Agent: Bank of New York Mellon The Fund will soon announce the publication of the Offer documentation which contains the details, steps and procedures to be followed for participating 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: 29 July 2020 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 3,959,264,762.44 Paid-up share capital: RON 3,770,082,340.44 Number of shares in issue: 7,613,970,697 Number of paid shares: 7,250,158,347 Regulated market on which the issued securities are traded: Shares on Bucharest Stock ExchangeGDRs on London Stock Exchange
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