Offer for FP from GDF to sell Engie

Fondul Proprietatea S.A.

11 December 2023

 

To:          Bucharest Stock Exchange                 Financial Supervisory Authority                London Stock Exchange Current report according to Article 234 para. (1) of the Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations, as well as the provisions of Article 99 letter s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments. Important events to be reported: Receipt of a binding offer from GDF International S.A. in relation to Fondul Proprietatea's shareholding in Engie Romania S.A. Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director ("AIFM / Fund Manager") of Fondul Proprietatea SA (the "Fund / Fondul"), would like to inform shareholders that it received a binding offer from GDF International S.A., the majority shareholder of Engie Romania SA (the "Offer"), in relation to a potential sale of Fondul Proprietatea's entire shareholding in Engie Romania S.A. (the "Company"), for a consideration of EUR 87 million. Any potential transaction is subject to agreement on the terms of the related share purchase agreement and any conditions precedent, which will include Fondul shareholders' approval. Further announcements will be made as and when relevant. We remind shareholders that the Fund currently holds 11.99% of the issued share capital of the Company (representing 14.53% of the Fund's NAV as at 31 October 2023). Franklin Templeton International Services S.À R.L, in its capacity of alternative investment fund manager and sole director of FONDUL PROPRIETATEA S.A. Johan MEYER Permanent Representative

Report date: 11 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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