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Fondul Proprietatea
Transaction in Own Shares • Nov 8, 2021
2288_rns_2021-11-08_d467491b-9f2f-4635-9c91-2efffb955c28.pdf
Transaction in Own Shares
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To: FINANCIAL SUPERVISORY AUTHORITY BUCHAREST STOCK EXCHANGE LONDON STOCK EXCHANGE
Re: Notification regarding the buy-back transactions
From: FONDUL PROPRIETATEA S.A.
Considering article 2 of Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, Article 5(3) of Regulation (EU) No 596/2014 on market abuse (market abuse regulation) and Article 26 (3) of Regulation (EU) No 600/2014 on markets in financial instruments, FONDUL PROPRIETATEA S.A. ("FP" / the "Fund"), represented by Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager, hereby informs you in its capacity as Issuer on the following information regarding the transactions concluded during 1 – 5 November 2021:
___________________________________________________________________________________________________
| a) Issuer's name (buyer) |
FONDUL PROPRIETATEA S.A. Bucharest Stock Exchange Symbol: FP London Stock Exchange Symbol: FP. |
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|---|---|---|---|---|
| b) Brokers' names |
• SWISS CAPITAL S.A., and • AUERBACH GRAYSON |
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| c) Description of the acquired financial instruments and trading place |
Ordinary shares issued by the Fund (ISIN ROFPTAACNOR5) listed and traded on the Bucharest Stock Exchange ("BVB"), and Global Depositary Receipts ("GDRs") (ISIN US34460G1067) corresponding to the Fund's shares listed and traded on the London Stock Exchange ("LSE") |
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| d) Transaction's type | Buy-back | |||
| e) Details with respect to the execution of the buy-back market orders |
Within the trading session |
The details of the transactions carried out during the reporting period with respect to the shares and GDRs issued by Fondul Proprietatea SA for the purpose of the buy-back are described further below:
| Date of the transaction |
Weighted average price per share (RON)* |
Weighte d average price per GDR (USD)* |
Volume of the transaction (no. of shares) |
Volume of the transaction (no. of GDRs) |
Value of the transaction with shares (RON) |
Value of the transaction with GDRs (USD) |
|---|---|---|---|---|---|---|
| 1 November 2021 |
1.7189 | 20.0000 | 666,026 | 5,756 | 1,144,832.09 | 115,120.00 |
| 2 November 2021 |
1.7254 | - | 678,642 | - | 1,170,928.91 | - |
| 3 November 2021 |
1.7442 | - | 653,146 | - | 1,139,217.25 | - |
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: [email protected]; Internet: www.fondulproprietatea.ro
__________________________________________________________________________________________________________________________________________________________
| Date of the transaction |
Weighted average price per share (RON)* |
Weighte d average price per GDR (USD)* |
Volume of the transaction (no. of shares) |
Volume of the transaction (no. of GDRs) |
Value of the transaction with shares (RON) |
Value of the transaction with GDRs (USD) |
|---|---|---|---|---|---|---|
| 4 November 2021 |
1.7967 | - | 636,512 | - | 1,143,621.11 | - |
| 5 November 2021 |
1.7841 | - | 635,857 | - | 1,134,432.47 | - |
| Number of shares and GDRs bought back during the reporting period |
3,270,183 shares |
5,756 GDRs (representing 287,800 shares) |
- | - | ||
| Total value of the transactions performed in the reporting period |
- | - | 5,733,031.83 RON total value of the shares acquisition |
115.120,00 USD total value of the GDRs acquisition 488,926.15 RON estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania |
||
| Total number of shares and GDRs bought-back and total value of transactions performed during 2021 |
129,083,085 shares |
947,629 GDRs (representing 47,381,450 shares) |
217,452,508.81 RON total value of the shares acquisition |
19,034,387.27 USD total value of the GDRs acquisition 77,758,473.78 RON estimated value of the equivalent shares of GDRs based on the exchange rate communicated by the National Bank of Romania |
||
| Number of shares left to be repurchased within the twelfth buy- |
623,535,465 shares |
___________________________________________________________________________________________________
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: [email protected]; Internet: www.fondulproprietatea.ro
__________________________________________________________________________________________________________________________________________________________
| Date of the transaction |
Weighted average price per share (RON)* |
Weighte d average price per GDR (USD)* |
Volume of the transaction (no. of shares) |
Volume of the transaction (no. of GDRs) |
Value of the transaction with shares (RON) |
Value of the transaction with GDRs (USD) |
|---|---|---|---|---|---|---|
| back programme1 as of the date of this notification |
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___________________________________________________________________________________________________
* The weighted average price per security was rounded to 4-digits
Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.
Johan MEYER - Permanent Representative
__________________________________________________________________________________________________________________________________________________________
1 As per the Fund's Extraordinary General Shareholders Meeting Resolution no. 5 of 13 November 2020, published in the Official Gazette of Romania, Part IV, no. 4233/02.12.2020, the twelfth buyback programme refers to the acquisition by the Fund of a maximum number of 800,000,000 shares and/or equivalent global depository receipts corresponding to the Fund's shares ("GDRs"). The duration of the twelfth buyback programme is 1 January 2021 - 31 December 2021. The shares repurchased during this buyback programme will be cancelled.
FONDUL PROPRIETATEA S.A., an alternative investment fund • Headquarters at: 76-80 Buzesti Street, 7th floor, Bucharest 1st district, postal code 011017, Romania • Fiscal Identification Code (CIF): 18253260, registered with the Trade Registry under no: J40/21901/2005 • Subscribed share capital RON 3,334,342,422.84 RON, Paid-up share capital RON 3,145,160,000.84 • Tel.: + 40 21 200 9600; Fax: +40 316 300 048; Email: [email protected]; Internet: www.fondulproprietatea.ro