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RNS Number : 4652N Fondul Proprietatea S.A. 07 May 2024
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 29 April - 3 May 2024:
a) Issuer's name (buyer) FONDUL PROPRIETATEA S.A.
Bucharest Stock Exchange Symbol: FP
London Stock Exchange Symbol: FP.
b) Brokers' names · SWISS CAPITAL S.A., and
· AUERBACH GRAYSON
c) Description of the acquired financial instruments and trading place 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")
d) Transaction's Buy-back
type
e) Details with respect to the execution of the buy-back market orders 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:
Date of the transaction Weighted average price per share (RON)* Weighted average price per GDR (USD)* Volume of the transaction Volume of the transaction Value of the transaction with shares (RON) Value of the transaction with GDRs (USD)
(no. of shares) (no. of GDRs)
29 April 2024 0.5219 5.4500 490,791 3,032 256,143.82 16,524.40
30 April 2024 0.5175 5.4500 568,669 3,070 294,286.21 16,731.50
1 May 2024 - 5.4500 - 3,109 - 16,944.05
2 May 2024 0.5223 5.4500 630,762 2,255 329,446.99 12,289.75
3 May 2024 - 5.4500 - 2,413 - 13,150.85
1,690,222 shares USD 75,640.55
13,879 GDRs (representing RON 879,877.02 total value of the GDRs acquisition
Number of shares and GDRs bought-back and total value of transactions 693,950 shares) total value of the shares acquisition
performed during the reporting period
RON 351,008.61 estimated value of the equivalent shares of GDRs based on the
exchange rate communicated by the National Bank of Romania
Total number of shares and GDRs bought-back and total value of transactions 7,574,490 42,093 GDRs (representing RON 3,937,233.48 USD 228,184.81
performed during 2024
shares 2,104,650 total total value of the GDRs acquisition
shares) value of the
shares RON 1,062,980.04 estimated value of the equivalent shares of GDRs based on the
exchange rate communicated by the National Bank of Romania
acquisition
Number of shares left to be repurchased within the 2024 buy-back programme 1 990,320,860 shares
(#_ftn1) as of 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 (#_ftnref1) 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").
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