Fondul Proprietatea

Transaction in Own Shares • Oct 18, 2021

National Storage Mechanism | Additional information

RNS Number : 4199P

Fondul Proprietatea S.A.

18 October 2021

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 11 - 15 October 2021:

a) Issuer's name (buyer)	FONDUL PROPRIETATEA S.A. Bucharest Stock Exchange Symbol: FP London Stock Exchange Symbol: FP.
b) Brokers' names	·  SWISS CAPITAL S.A., and ·  AUERBACH GRAYSON
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")
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)*	Weighted 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)
11 October 2021	1.8095	-	494,765	-	895,277.27	-
12 October 2021	1.8112	20.6000	514,157	5,109	931,241.16	105,245.40
13 October 2021	1.7994	20.6000	543,850	5,726	978,603.69	117,955.60
14 October 2021	1.7961	20.6000	557,598	6,449	1,001,501.77	132,849.40
15 October 2021	1.8082	20.8000	574,869	7,121	1,039,478.13	148,116.80
Number of shares and GDRs bought-back during the reporting period			2,685,239 shares	24,405 GDRs (representing 1,220,250 shares)	-	-
Total value of the transactions performed in the reporting period			-	-	4,846,102.02 RON total value of the shares acquisition	504,167.20 USD total value of the GDRs acquisition 2,156,090.66 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			119,882,923shares	869,941 GDRs (representing 43,497,050 shares)	201,227,389.48 RON total value of the shares acquisition	17,450,890.48 USD total value of the GDRs acquisition 71,015,359.71RON 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-back programme[1] as of the date of this notification			636,620,027 shares

* 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

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[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.

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