To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange Current report according to Article 113 of the Romanian National Securities Commission Regulation no. 1/2006 regarding the issuers and the operations with securities, as subsequently amended and completed, as well as the provisions of Article 99 of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments. Important events to be reported: The decrease of the subscribed share capital with respect to cash distribution was endorsed by the Financial Supervisory Authority Franklin Templeton Investment Management Limited United Kingdom Bucharest Branch ("the Fund Manager"), in its capacity as sole director and fund manager of Fondul Proprietatea SA ("the Fund"), would like to inform shareholders and investors that the Financial Supervisory Authority ("FSA"), through Notice no. 169 / 20 May 2015, endorsed the decrease of the subscribed share capital from RON 11,575,064,733.65 to RON 10,965,850,800.30 through the reduction of the par value of the Fund's shares from RON 0.95 to RON 0.90, as approved by the Fund's shareholders through Resolution no. 1/21 January 2015 of the Extraordinary General Shareholders Meeting ("EGM Resolution"). The share capital decrease is effective beginning with 21 May 2015. Therefore, starting with 21 May 2015, the new value of the Fund's subscribed share capital is RON 10,965,850,800.30, divided into 12,184,278,667 shares with a nominal value of RON 0.90/share. The value of the paid-up share capital is RON 10,638,419,685.30, divided into 11,820,466,317 shares with a nominal value of RON 0.90/share. The Fund Manager would like to remind shareholders that, in accordance with the above-mentioned EGM Resolution, the payment of the decreasing value in amount of RON 0.05/share shall start on 29 June 2015 and only shareholders registered in the Fund's Shareholders' Registry as of 24 June 2015, i.e. the registration date, are entitled to request the above-mentioned distributions. Please find enclosed herein the full text of FSA's Notice no. 169 / 20 May 2015. Please note that the Fund's Constitutive Act in force can be accessed on the Fund's webpage at: http://www.fondulproprietatea.ro/sites/default/files/constitutive_act_up
dated_at_21_may_2015.pdf Franklin Templeton Investment Management Ltd United Kingdom Bucharest Branch, acting as Sole Administrator on behalf of FONDUL PROPRIETATEA S.A. Oana Valentina TRUĊ˘A Legal Representative |
Report date:
22 May 2015 Name of the issuing entity:
Fondul Proprietatea S.A. Registered office:
78-80 Buzesti St.,
7th floor, district 1,
Bucharest, postal code 011017 Phone/fax number:
Tel.: + 40 21 200 9600
Fax: + 40 21 200 9631 Sole Registration Code with the Trade Register Office:
18253260 Order number in the
Trade Register:
J40/21901/2005 Subscribed share capital:
RON 10,965,850,800.30 Paid-up share capital:
RON 10,638,419,685.30 Number of shares in issue: 12,184,278,667 Number of paid shares: 11,820,466,317 Regulated market on which the issued securities are traded:
Shares on Bucharest Stock Exchange GDRs on London Stock Exchange |