Completion of the public tender offer

Fondul Proprietatea S.A.

05 December 2023

 

To:          Bucharest Stock Exchange                 Financial Supervisory Authority                London Stock Exchange Current report according to Article 99 letter s) of the Code of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments. Important events to be reported: Completion of the public tender offer in relation to acceleration of the buy-back programme  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 shareholders that the public tender offer (the "Offer") ended today. The key results of the Offer are: ·    Total subscriptions: 3,513,088,143 shares representing 210.3646% of the Offer (3,282,844,693 were subscribed in the form of shares and 230,243,450 shares in the form of global depositary receipts which represent the shares ("GDRs"), namely 4,604,869 GDRs) ·    Allocation ratio: 0.4753652433 ·    Number of repurchased shares: 1,670,000,000 shares (1,560,550,300 in the form of shares and 109,449,700 shares in the form of GDRs, namely 2,188,994 GDRs); ·    Purchase price: RON 0.6319 per share and the USD equivalent of RON 31.5950 per GDR, computed in accordance with the terms and conditions of the Tender Offer Documentation; the Fund will revert on 6 December 2023 with a further announcement regarding the exchange rate applicable for the GDRs; ·    Shares Trade Date: 6 December 2023 ·    Settlement / payment date: 8 December 2023 for shares. With respect to GDRs, the GDR Tender Agent will no later than 8 December 2023 pay the GDRs purchase price to the Clearing Systems for further distribution to Investors whose GDRs have been accepted for purchase in the Offer. 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

Report date: 5 December 2023 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 96 00 Fax: [phone] Email: [e-mail] 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 2,947,779,186.56 Number of shares in issue and paid-up: 5,668,806,128 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange GDRs on London Stock Exchange

 

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