To: Bucharest Stock Exchange Financial Supervisory Authority Current report according to Article 113 point A, paragraph (1) letter j) 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: Update on all litigations between a litigant and Fondul Proprietatea SA Franklin Templeton Investment Management Ltd. 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 update shareholders and investors on all ongoing cases between Ioana Sfiraiala (the "Litigant") and the Fund, as set out in the table enclosed as Annex to this report. In particular, the Fund Manager would like to note that the Bucharest Court announced today that it has rejected the Litigant's claim in file no. 10424/3/2014, having as subject the annulment of EGM Resolution no. 14/23 November 2012 regarding the ratification of the Fund's Constitutive Act. The decision of the court, although not final, resides on the fact that the subject matter of this file was already analysed in another case (i.e. 43424/3/2012) where the challenged resolution was irrevocably maintained as valid. The updated table of all pending files, as well as all closed files with the same Litigant, is available on the Fund's webpage at http://www.fondulproprietatea.ro/sites/default/files/list_of_pending_ and_closed_cases_with_is_25_june_2015.pdf. Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity of Sole Administrator of FONDUL PROPRIETATEA S.A. Grzegorz Konieczny Legal Representative |
Report date:
25 June 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 |