___________________________________________________________________________________________________
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 11 - 15 October 2021:
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 | Ordinary shares issued by the Fund (ISIN | |
trading place | 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:
Date of the | Weighted | Weighte | Volume of | Volume of | Value of the | Value of the |
transaction | average | d | the | the | transaction | transaction |
price per | average | transaction | transaction | with shares | with GDRs | |
share | price per | (no. of | (no. of | (RON) | (USD) | |
(RON)* | GDR | shares) | GDRs) | |||
(USD)* | ||||||
11 October 2021 | 1.8095 | - | 494,765 | - | 895,277.27 | - |
12 October 2021 | 1.8112 | 20.6000 | 514,157 | 5,109 | 931,241.16 | 105,245.40 |
13 October 2021 | 1.7994 | 20.6000 | 543,850 | 5,726 | 978,603.69 | 117,955.60 |
__________________________________________________________________________________________________________________________________________________________
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 3,749,282,292.08 RON, Paid-up share capital RON
3,560,099,870.08 • Tel.: + 40 21 200 9600; Fax: +40 21 200 9631; Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro
___________________________________________________________________________________________________
Date of the | Weighted | Weighte | Volume of | Volume of | Value of the | Value of the | |||
transaction | average | d | the | the | transaction | transaction | |||
price per | average | transaction | transaction | with shares | with GDRs | ||||
share | price per | (no. of | (no. of | (RON) | (USD) | ||||
(RON)* | GDR | shares) | GDRs) | ||||||
(USD)* | |||||||||
14 October 2021 | 1.7961 | 20.6000 | 557,598 | 6,449 | 1,001,501.77 | 132,849.40 | |||
15 October 2021 | 1.8082 | 20.8000 | 574,869 | 7,121 | 1,039,478.13 | 148,116.80 | |||
Number of shares and GDRs bought- | 24,405 GDRs | ||||||||
2,685,239 | (representing | ||||||||
back during the reporting period | - | - | |||||||
shares | 1,220,250 | ||||||||
shares) | |||||||||
504,167.20 | |||||||||
USD total | |||||||||
value of the | |||||||||
GDRs | |||||||||
acquisition | |||||||||
2,156,090.66 | |||||||||
4,846,102.02 | RON | ||||||||
Total value | of | the transactions | RON total | estimated | |||||
- | - | value of the | value of the | ||||||
performed in the reporting period | |||||||||
shares | equivalent | ||||||||
acquisition | shares of | ||||||||
GDRs based | |||||||||
on the | |||||||||
exchange rate | |||||||||
communicate | |||||||||
d by the | |||||||||
National Bank | |||||||||
of Romania | |||||||||
17,450,890.48 | |||||||||
USD total | |||||||||
value of the | |||||||||
GDRs | |||||||||
acquisition | |||||||||
71,015,359.71 | |||||||||
Total number | of | shares | and GDRs | 869,941 | 201,227,389.48 | RON | |||
GDRs | RON total | estimated | |||||||
bought-back | and | total | value of | 119,882,923 | |||||
(representing | value of the | value of the | |||||||
transactions performed during 2021 | shares | ||||||||
43,497,050 | shares | equivalent | |||||||
shares) | acquisition | shares of | |||||||
GDRs based | |||||||||
on the | |||||||||
exchange rate | |||||||||
communicate | |||||||||
d by the | |||||||||
National Bank | |||||||||
of Romania |
__________________________________________________________________________________________________________________________________________________________
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 3,749,282,292.08 RON, Paid-up share capital RON
3,560,099,870.08 • Tel.: + 40 21 200 9600; Fax: +40 21 200 9631; Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro
___________________________________________________________________________________________________
Date of the | Weighted | Weighte | Volume of | Volume of | Value of the | Value of the |
transaction | average | d | the | the | transaction | transaction |
price per | average | transaction | transaction | with shares | with GDRs | |
share | price per | (no. of | (no. of | (RON) | (USD) | |
(RON)* | GDR | shares) | GDRs) | |||
(USD)* | ||||||
Number of shares left to be repurchased
within the twelfth buy-back
programme1 as of the date of this636,620,027 shares 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 3,749,282,292.08 RON, Paid-up share capital RON
3,560,099,870.08 • Tel.: + 40 21 200 9600; Fax: +40 21 200 9631; Email: office@fondulproprietatea.ro; Internet: www.fondulproprietatea.ro
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Fondul Proprietatea SA published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 13:31:01 UTC.