To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange 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 on 23 October 2015 that it has rejected the Litigant's claim in file no. 17692/3/2013 as being ungrounded. The said Litigant's claim targeted the annulment of EGM Resolution no. 2/4 April 2012 for amending the Constitutive Act and EGM Resolution no. 3/25 April 2012 for the decrease of the subscribed share capital. The court's decision is not final, being subject to appeal. 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_26_october_2015.pdf. Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity of Sole Director of FONDUL PROPRIETATEA S.A. Oana Valentina Truța Legal Representative |
Report date:
26 October 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 10,074,080,745.90 Paid-up share capital:
RON 9,746,649,630.90 Number of shares in issue: 11,193,423,051 Number of paid shares: 10,829,610,701 Regulated market on which the issued securities are traded:
Shares on Bucharest Stock Exchange/GDRs on London Stock Exchange |