Update: Bucharest Airports share capital increase

Fondul Proprietatea S.A.

25 May 2023

 

To:          Bucharest Stock Exchange                 Financial Supervisory Authority                London Stock Exchange Current report according to the provisions of Article 99 letter a) and s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments. Important events to be reported: The Court's decision in the claim for annulment filed by Fondul Proprietatea S.A. against the share capital increase of C.N. Aeroporturi Bucuresti 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 S.A. ("Fondul Proprietatea / the Fund"), hereby informs shareholders and investors that, following the claim for annulment filed by the Fund against the Extraordinary General Shareholders Meeting ("EGM") Resolution no. 15/ 26 October 2021 of C.N. Aeroporturi Bucuresti S.A. ("CNAB" / "Bucharest Airports") for approving the increase of the share capital from RON 143,772,150 to RON 4,912,283,610, as a result of the contribution in kind of the Romanian State with the land inside the Băneasa Airport (the "Increase"), in file no. 2779/93/2021, the Ilfov Court decided on 25 May 2023 to reject the Fund's claim as unfounded. Please note that the Court's decision is not final and may be subject to appeal within thirty (30) days of its communication. The Fund Manager mentions that it intends to use its right to appeal the Court's decision. Furthermore, please note that the effects of the Increase are suspended as a result of the decision of the Bucharest Court of Appeal dated 13th January 2022, until the final settlement of the claim for annulment of CNAB's EGM (as the Fund Manager already announced investors through the current report dated 14th January 2022 - Microsoft Word - Current report new litigation against the share capital increase Bucharest Airports_suspension_14.01.2022v3.do (fondulproprietatea.ro)). Franklin Templeton International Services S.À R.L, in its capacity as alternative investment fund manager and sole director of FONDUL PROPRIETATEA S.A. Johan MEYER Permanent Representative

Report date: 25 May 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 3,233,269,110.76 Number of shares in issue and paid-up: 6,217,825,213 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange GDRs on London Stock Exchange

 

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