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Update ref. the sale of Electrica subsidiaries

31st Oct 2017 16:30

RNS Number : 1557V
Fondul Proprietatea S.A.
31 October 2017
 

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

 

Current report according to Article 99 letter (s) of the Rule book of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments

Important events to be reported:

Update with respect to the sale of Electrica subsidiaries

 

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager of Fondul Proprietatea S.A. (the "Fund"), pursuant to the announcement on 14 July 2017, would like to inform shareholders that the Fund and Societatea Energetică "Electrica" S.A. ("Electrica") have extended today the Long Stop Date of the Memorandum of Understanding signed on 14 July 2017 for the disposal of the Fund's holdings in Electrica subsidiaries (i.e. SDEE Distributie Muntenia Nord S.A., SDEE Distributie Transilvania Sud S.A., SDEE Distributie Transilvania Nord S.A. and Electrica Furnizare S.A.) from the initially agreed 31 October 2017 until 30 November 2017.

 

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.

 

Oana Valentina TRUȚA

Legal Representative

Report date:

31 October 2017

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:

[email protected]

Internet:

www.fondulproprietatea.ro

Sole Registration Code with the Trade Register Office:

18253260

Order number in the Trade Register:

J40/21901/2005

Register on Data Protection Notification Register under number:18668

Subscribed share capital:

RON 5,238,521,987.92

Paid-up share capital:

RON 5,049,339,565.92

Number of shares in issue:

10,074,080,746

Number of paid shares:

9,710,268,396

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock ExchangeGDRs on London Stock Exchange

 

 

 

 

 

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