___________________________________________________________________________________________________
To: | FINANCIAL SUPERVISORY AUTHORITY |
BUCHAREST STOCK EXCHANGE | |
LONDON STOCK EXCHANGE | |
Re: | Notification regarding the buy-back transactions |
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 27 - 31 December 2021:
a) Issuer's name (buyer)
b) Brokers' names | ∙ | SWISS CAPITAL S.A., and |
∙ | AUERBACH GRAYSON |
- 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 type | Buy-back |
e) Details with respect to the execution of the buy-back | Within the trading session |
market orders |
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:
Weighted | Weighted | Volume of | Volume of | Value of the | Value of the | |
Date of the | average | average | the | the | ||
transaction | transaction | |||||
price per | price per | transaction | transaction | |||
transaction | with shares | with GDRs | ||||
share | GDR | (no. of | (no. of | |||
(RON) | (USD) | |||||
(RON)* | (USD)* | shares) | GDRs) | |||
27 December | 1.9247 | - | 343,816 | - | 661,742.66 | - |
2021 | ||||||
28 December | 1.9744 | - | 343,846 | - | 678,889.54 | - |
2021 | ||||||
29 December | 1.9855 | 21.6000 | 339,746 | 131 | 674,565.68 | 2,829.60 |
2021 | ||||||
30 December | 1.9911 | - | 349,535 | - | 695,959.14 | - |
2021 | ||||||
31 December | - | - | - | - | - | - |
2021 | ||||||
__________________________________________________________________________________________________________________________________________________________
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017,
Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON
3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: office@fondulproprietatea.ro;
Internet: www.fondulproprietatea.ro
___________________________________________________________________________________________________
Number of shares and GDRs bought- | 1,376,943 | 131 GDRs | ||
back during the reporting period | (representing | - | - | |
shares | ||||
6,550 shares) | ||||
2,829.60 USD | ||||
total value of | ||||
the GDRs | ||||
acquisition | ||||
2,711,157.02 | 12,360.54 RON | |||
estimated value | ||||
Total value of the transactions | RON total | |||
of the | ||||
- | - | value of the | ||
performed in the reporting period | equivalent | |||
shares | ||||
shares of GDRs | ||||
acquisition | ||||
based on the | ||||
exchange rate | ||||
communicated | ||||
by the National | ||||
Bank of | ||||
Romania | ||||
19,778,883.27 | ||||
USD total value | ||||
of the GDRs | ||||
acquisition | ||||
Total number of shares and GDRs | 983,741 | 247,054,062.11 | 80,999,489.05 | |
RON estimated | ||||
GDRs | RON total | |||
bought-back and total value of | 145,184,704 | value of the | ||
(representing | value of the | |||
transactions performed during 2021 | shares | equivalent | ||
49,187,050 | shares | |||
shares of GDRs | ||||
shares) | acquisition | |||
based on the | ||||
exchange rate | ||||
communicated | ||||
by the National | ||||
Bank of | ||||
Romania | ||||
Number of shares left to be | ||||
repurchased within the twelfth buy- | 605,628,246 shares | |||
back programme1 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 As per the Fund's Extraordinary General Shareholders Meeting Resolution no. 5 of 13 November 2020, published in the Official Gazette of Romania, Part IV, no. 4233/02.12.2020, the twelfth buyback programme refers to the acquisition by the Fund of a maximum number of 800,000,000 shares and/or equivalent global depository receipts corresponding to the Fund's shares ("GDRs"). The duration of the twelfth buyback programme is 1 January 2021 - 31 December 2021. The shares repurchased during this buyback programme will be cancelled.
__________________________________________________________________________________________________________________________________________________________
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017,
Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON
3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: office@fondulproprietatea.ro;
Internet: www.fondulproprietatea.ro
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Fondul Proprietatea SA published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 19:48:01 UTC.