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Transaction in Own Shares

26th May 2015 07:00

RNS Number : 1427O
Fondul Proprietatea S.A.
25 May 2015
 

To:

FINANCIAL SUPERVISORY AUTHORITY

BUCHAREST STOCK EXCHANGE

LONDON STOCK EXCHANGE

Re:

Notification regarding the transactions performed within the buy-back programme

From:

FONDUL PROPRIETATEA SA

 

 

The undersigned, FONDUL PROPRIETATEA SA, duly represented by Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, acting in its capacity as Sole Administrator and Fund Manager, hereby inform you in its capacity of issuer on the following information regarding the transactions concluded during 18 - 22 May 2015, according to Article 150 of the NSC's Regulation no. 1/2006 regarding issuers and operations with securities:

 

a) Issuer's name (buyer)

FONDUL PROPRIETATEA SA (FP)

b) Broker's name

Wood & Company Financial Services, a.s.

c) Description of the acquired financial instruments

Ordinary shares issued by Fondul Proprietatea (ISIN ROFPTAACNOR5)

d) Transaction's type

Buy-back

e) Details with respect to the execution of the buy-back market orders

Within the trading session

f) Total number of shares bought-back in the reporting period

5,019,322

g) Total value of the transactions performed in the reporting period (RON)

4,458,518.91

h) Total number of shares repurchased since the start of the buy-back program

120,655,024

i) Total value of the shares repurchased since the start of the buy-back program (RON)

106,068,307.78

j) Number of shares left to be repurchased

106,917,226

The details of the transactions carried out during the reporting period with respect to the shares issued by Fondul Proprietatea SA for the purpose of the buy-back are described further below:

 

Date and place of the transaction

Average price per share

(RON)

Volume of the transaction

(no. of shares)

 

Value of the transaction (RON)

18 May 2015 - BVB

0.882833

1,600,000

1,412,532.80

19 May 2015 - BVB

0.890183

1,589,000

1,414,500.79

20 May 2015 - BVB

0.891918

500,000

445,959.00

21 May 2015 - BVB

0.890681

715,000

636,836.92

22 May 2015 - BVB

0.891711

615,322

548,689.40

 

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Sole Administrator of FONDUL PROPRIETATEA S.A.

 

Oana Valentina TRUŢA

Legal Representative

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSLLFVEELIEFIE

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