REG - Fondul Proprietatea - Update regarding significant NAV changes

Fondul Proprietatea SAAnnouncement

11/06/2024 16:15

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RNS Number : 0077S  Fondul Proprietatea S.A.  11 June 2024

 To:          Bucharest Stock Exchange                                            Report date:

                 Financial Supervisory Authority                                  11 June 2024

                London Stock Exchange

                                                                                  Name of the issuing entity:

 Current report according to Article 234 para. (1) letter s) of the Financial     Fondul Proprietatea S.A.
 Supervisory Authority Regulation no. 5/2018 on issuers of financial

 instruments and market operations, as well as the provisions of Article 99
 letter s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and

 Financial Instruments.                                                           Registered office:

 Important events to be reported:                                                 76-80 Buzesti Street

 Update regarding significant Net Asset Value ("NAV") changes                     7(th) floor, district 1,

 Franklin Templeton International Services S.À R.L., in its capacity as           Bucharest, 011017
 alternative investment fund manager and sole director ("FTIS") of Fondul

 Proprietatea S.A. (the "Fund" / "Fondul Proprietatea"), hereby informs the
 market that, based on the preliminary data held by FTIS, there is a high

 probability that the next reported NAV to be at least 5% higher than the most    Phone/fax number:
 recent NAV as of 30 April 2024, as published by the Fund on 15 May 2024,

 mainly due to the dividends receivable booked during the month based on the      Tel.: + 40 21 200 96 00
 approvals of the general shareholders meetings of the Fund's portfolio

 companies. The dividends receivable relates mainly to Societatea Națională a     Fax: + 40 31 630 00 48
 Sării (Salrom) and C.N. Aeroporturi Bucuresti S.A. (CNAB / Bucharest

 Airports).

 FTIS would also like to inform the market that the unlisted holdings valuation   Email:
 update process for the most significant holdings in the Fund's portfolio is

 ongoing as of the date of this report and it is expected to reflect the          office@fondulproprietatea.ro (mailto:office@fondulproprietatea.ro)
 results in the 30 June 2024 NAV to be published latest 15 July 2024. The

 updated valuation reports will incorporate all relevant corporate actions
 (including the dividends approved and booked by the Fund during May 2024) and

 updated market information and financial information from the Fund's portfolio   Internet:
 companies.

                                                                                www.fondulproprietatea.ro (http://www.fondulproprietatea.ro)
 Fondul Proprietatea will publish the NAV report for 31 May 2024 no later than

 14 June 2024.

                                                                                  Sole Registration Code with the Trade Register Office:

 Franklin Templeton International Services S.À R.L, in its capacity of            18253260
 alternative investment fund manager and sole director of FONDUL PROPRIETATEA

 S.A.

                                                                                  Order number in the Trade Register:

 Johan MEYER                                                                      J40/21901/2005

 Permanent Representative

                                                                                  Subscribed and paid-up share capital:

                                                                                  RON 2,947,779,186.56

                                                                                  Number of shares in issue and paid-up:

                                                                                  5,668,806,128

                                                                                  Regulated market on which the issued securities are traded:

                                                                                  Shares on Bucharest Stock Exchange

                                                                                  GDRs on London Stock Exchange

 

 

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