To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange Current report according to Article 99 of the Rule book of the Bucharest Stock Exchange Market Operator, Title II, Issuers and Financial Instruments Events to be reported: Competitive process leading to potential disposals of Electrica subsidiaries Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager of Fondul Proprietatea S.A. (the "Fund"), would like to inform shareholders that it has initiated a competitive process leading to potential disposals of the Fund's holdings in Electrica subsidiaries (i.e. SDEE Distributie Muntenia Nord S.A., SDEE Distributie Transilvania Sud S.A., SDEE Distributie Transilvania Nord S.A. and Electrica Furnizare S.A.). The marketing and sale process will be managed by Ithuba Capital AG, acting as sole financial advisor in connection with the envisaged transaction. Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity of Investment Manager of FONDUL PROPRIETATEA S.A. Johan Meyer Legal representative |
Report date:
16 May 2017 Name of the issuing entity:
Fondul Proprietatea S.A. Registered office:
78-80 Buzești 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 5,742,226,025.22 Paid-up share capital:
RON 5,534,852,985.72 Number of shares in issue: 10,074,080,746 Number of paid shares: 9,710,268,396 Regulated market on which the issued securities are traded:
Shares on Bucharest Stock Exchange GDRs on London Stock Exchange |