Fondul Proprietatea S.A. Transaction in Own Shares 28.09-02.10.2015 (2831B)
October 05 2015 - 11:18AM
UK Regulatory
TIDMFP.
RNS Number : 2831B
Fondul Proprietatea S.A.
05 October 2015
To: FINANCIAL SUPERVISORY AUTHORITY
BUCHAREST STOCK EXCHANGE
LONDON STOCK EXCHANGE
Re: Notification regarding the transactions
performed within the buy-back programme
From: FONDUL PROPRIETATEA S.A.
The undersigned, FONDUL PROPRIETATEA S.A. ("FP / The Fund"),
duly represented by Franklin Templeton Investment Management Ltd.
United Kingdom Bucharest Branch, acting in its capacity as Sole
Director and Fund Manager, hereby inform you in its capacity of
issuer on the following information regarding the transactions
concluded during 28 September - 2 October 2015, according to
Article 150 of the NSC's Regulation no. 1/2006 regarding issuers
and operations with securities:
a) Issuer's name (buyer) FONDUL PROPRIETATEA S.A.
Bucharest Stock Exchange
Symbol: FP
London Stock Exchange Symbol:
FP.
b) Broker's name WOOD & COMPANY FINANCIAL
SERVICES A.S. (as buy-back
agent in relation to the
purchase of shares), and
GOLDMAN SACHS INTERNATIONAL
(as buy-back agent in relation
to the purchase of GDRs)
c) Description of the Ordinary shares issued by
acquired financial instruments the Fund (ISIN ROFPTAACNOR5)
listed on the Bucharest
Stock Exchange ("BVB"),
and
Global Depositary Receipts
("GDRs") corresponding to
the Fund's shares listed
on the London Stock Exchange
("LSE")
d) Transaction's type Buy-back
e) Details with respect Within the trading session
to the execution of the
buy-back market orders
f) Total number of shares
and equivalent shares
of GDRs bought-back in
the reporting period,
out of which: 6,916,755
* current number of shares bought back 4,492,105
2,424,650 (representing
* equivalent shares of current number of GDRs bought 48,493 GDRs)
back
g) Total value of the
transactions performed
in the reporting period
(RON), out of which: 5,470,544.03
* value of the shares acquisition (RON) 3,538,095.03
* value of the equivalent shares of GDRs (RON) 1,932,449
h) Total number of shares
and equivalent shares
of GDRs repurchased since
the start of the buy-back
program 24,486,141
* number of shares bought back 15,973,041
8,513,100 (representing
* equivalent shares of current number of GDRs bought 170,262 GDRs)
back
i) Total value of the
shares repurchased since
the start of the buy-back
program (RON) 19,460,256.61
* value of the shares acquisition (RON) 12,675,749.21
* value of the equivalent shares of GDRs (RON) 6,784,507.40
j) Number of shares left
to be repurchased 867,283,914
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 Market Average Volume of Value of the
the transaction on which price per the transaction transaction
the securities security (no. of securities) (currency)
were traded (currency)
----------------- ---------------- ------------ --------------------- -------------
28 September BVB 0.7942 RON 864,202 shares 686,349.23
2015 RON
----------------- ---------------- ------------ --------------------- -------------
LSE 10.1942 8,642 GDRs 88,098.28
USD (equivalent USD
to 432,100
shares)
----------------- ---------------- ------------ --------------------- -------------
29 September BVB 0.7865 RON 903,127 shares 710,309.39
2015 RON
----------------- ---------------- ------------ --------------------- -------------
LSE 10.1223 9,031 GDRs 91,414.49
USD (equivalent USD
to 451,550
shares)
----------------- ---------------- ------------ --------------------- -------------
30 September BVB 0.7819 RON 960,040 shares 750,655.28
2015 RON
----------------- ---------------- ------------ --------------------- -------------
LSE 10.024 USD 9,600 GDRs 96,230.40
(equivalent USD
to 480,000
shares)
----------------- ---------------- ------------ --------------------- -------------
1 October BVB 0.7904 RON 1,011,736 799,676.13
2015 shares RON
----------------- ---------------- ------------ --------------------- -------------
LSE 10.05 USD 10,117 GDRs 101,675.85
(equivalent USD
to 505,850
shares)
----------------- ---------------- ------------ --------------------- -------------
2 October BVB 0.785 RON 753,000 shares 591,105.00
2015 RON
----------------- ---------------- ------------ --------------------- -------------
LSE 10.1 USD 11,103 GDRs 112,140.30
(equivalent USD
to 555,150
shares)
----------------- ---------------- ------------ --------------------- -------------
Franklin Templeton Investment Management Ltd. United Kingdom
Bucharest Branch, in its capacity as Sole Director of FONDUL
PROPRIETATEA S.A.
Oana Valentina TRU A
Legal Representative
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 05, 2015 11:18 ET (15:18 GMT)