Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Registration of the share capital decrease

19th Oct 2022 16:35

RNS Number : 4598D
Fondul Proprietatea S.A.
19 October 2022
 

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

 

Current report according to Article 234 para. (1) letter k) 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:

Registration with the Trade Registry of the decrease of the subscribed share capital following the cancellation of 194,371,754 treasury shares

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager of Fondul Proprietatea S.A. ("the Fund"), would like to inform investors that the Bucharest Trade Registry registered as of 19 October 2022 the Resolution no. 1 / 20 April 2022 of the Fund's Extraordinary General Shareholders' Meeting which approved the decrease of the subscribed registered share capital from RON 3,334,342,422.84 to RON 3,233,269,110.76 pursuant to the cancellation of 194,371,754 own shares acquired by Fondul Proprietatea during 2021.

The amendment of the Constitutive Act following the decrease was endorsed by the Financial Supervisory Authority through Authorization no. 146 / 29 September 2022, enclosed herein for reference.

Consequently, as of today, the new value of the Fund's subscribed and paid-up share capital is RON 3,233,269,110.76 being divided in 6,217,825,213 shares, each having a nominal value of RON 0.52 per share.

The updated Constitutive Act can be also found on the Fund's webpage at: https://www.fondulproprietatea.ro/files/live/sites/fondul/files/en/corporate-governance/Constitutive%20Act%2019%20Oct%202022.pdf .

Franklin Templeton International Services S.À R.L, in its capacity of alternative investment fund manager of FONDUL PROPRIETATEA S.A.

Johan MEYER

Permanent Representative

http://www.rns-pdf.londonstockexchange.com/rns/4598D_1-2022-10-19.pdf

Report date:

19 October 2022

 

Name of the issuing entity:

Fondul Proprietatea S.A.

 

Registered office:

76-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

 

Phone/fax number:

Tel.: + 40 21 200 9600

Fax: + 40 21 200 9631

 

Email:

[email protected]

 

Internet:

www.fondulproprietatea.ro

 

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 which the issued securities are traded:

Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDBKCBNPBDDDKD

Related Shares:

Fondul Proprietatea
FTSE 100 Latest
Value8,474.74
Change-133.74