Fondul Proprietatea: Information on the progress of the GSM of September 29, 2021



Bucharest Stock Exchange

Financial supervisory authority

London Stock Exchange

Current report in accordance with article 99 letter (s) of the Bucharest Stock Exchange Code, Title II, Issuers and financial instruments

Important events to report:

Information on the progress of the General Meetings convened for September 29, 2021

Franklin Templeton International Services S. À RL, in its capacity as Alternative Investment Fund Manager and Sole Director (the “The head of financing“) of Fondul Proprietatea SA (the”Funds“), wishes to inform shareholders about the conduct of the Fund Extraordinary (“AGE“) and ordinary (“AGO“) General meetings of shareholders convened for September 29, 2021.


  • the global pandemic situation and the preventive measures imposed by the Romanian authorities to limit and prevent infection with the SARS-CoV-2 coronavirus;
  • the cumulative incidence rate calculated at 14 days at the Bucharest level of more than 3/1000 inhabitants at the date of this report;
  • the measures imposed by Government Decision no. 932 / September 10, 2021 on the extension of the state of alert on Romanian territory by 30 days from September 10, 2021, amended by Government Decision no. 990 / September 17, 2021 concerning the organization and conduct of private events and Government Decree no. 1015/23 September 2021;
  • the fact that the annual GSM of April 28, 2020, the GSM of November 13, 2020, the EGSM of January 14, 2021, the OGSM of March 24, 2021 and the annual GSM of April 28, 2021 were conducted exclusively on the basis of the vote by correspondence, the quorum being reached in all cases and the resolutions on the agenda being voted in compliance with legal provisions,

the Fund Manager recalls that the vote can be exercised according to the modalities already announcedby the notice of meeting published on August 17, 2021, encourages shareholders to cast their vote by correspondenceand recommends the shareholders to avoid not essentialto travel.

However, the fund manager does not restrict shareholder accesswishing to attend EGMS and OGMS, but declares that the provisions relating to access to private events in force on September 29, 2021 at Bucharest level will be

Report date:

September 24, 2021

Name of the issuing entity:

Fondul Proprietatea SA

Registration desk: 76-80Buzesti Street 7e floor, district 1, Bucharest, 011017

Telephone / Fax Number:

Phone. : + 40 21 200 9600

Fax: + 40 21 200 9631


[email protected]

The Internet:

Unique registration code in the Commercial Register: 18253260

Commercial order number


J40 / 21901/2005

Subscribed capital :

3.749.282.292.08 RON

Paid-up capital:

RON 3,560,099,870.08

Number of outstanding shares: 7 210 158 254

Number of paid shares: 6 846 345 904

Regulated market on which the issued securities are traded:

Bucharest Stock Exchange

GDR on the London Stock Exchange


in force.

In addition, there are a number of restrictions regarding the space limitations of the reserved room and preventive measures imposed to limit the risk of infection. Also, in order to comply with the legal requirements in force, the wearing of a protective mask (covering both the mouth and the nose) is compulsory throughout the duration of the event, and at the entrance to the hall there will be epidemiological triage, as well as hand disinfection, taking into account the procedure for voting on the physical medium (paper medium).

If there are shareholders attending at the location described in the convening notice, the Fund Manager will notify the following:

  1. the Fund and the Fund Manager cannot be held responsible for the contamination of a shareholder with the Coronavirus SARS-CoV-2 if the shareholder has decided on his own responsibility to travel and attend the EGM / AGO in person;
  2. Shareholders who wish to attend the EGM / AGO in person are recommended to express their intention by e-mail to the address [email protected], sent no later than September 28, 2021 at 5:00 p.m. (Romanian time), providing both a copy of an identity document and a contact phone number or email address, so that the identity in as a shareholder can be verified;
  3. the pre-registration is aimed at the early identification of shareholders in order to allow them direct access to the room, avoiding the formation of queues;
  4. the prior registration is not a limitation of shareholders’ access to the EGM / AGO, and shareholders will only be allowed direct access to the location described in the notice of meeting after having completed the procedures for identification and epidemiological sorting formalities, while respecting space limitations and restrictions;
  5. the presence of shareholders in the room is conditioned by compliance with the legal distance and protective measures for the prevention of SARS- contamination by the CoV-2 virus;
  6. given the existing restrictions and the time limit, during this EGM / AGO, no food or drink will be served.

At the same time, the Fund Manager will broadcast the meetings through a videoconference organized on the Microsoft Teams platform. Shareholders who wish to attend the videoconference are invited to express their intention by e-mail to the address [email protected], sent no later than September 28, 2021, 5:00 p.m. (Romanian time), providing both a copy of an ID and a phone number or email address, as well


this identity as a shareholder can be verified.

However, the Sole Administrator mentions that during the videoconference, it will not be possible to exercise the right to vote onlinefor the items on the agenda of the EGM / AGO and strongly encourages shareholders to cast their vote by correspondence.

Franklin Templeton International Services S. À RL, acting as an alternative investment fund manager of


Johan meyer

Permanent representative


Fondul Proprietatea SA published this content on September 24, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 24 September 2021 13:51:03 UTC.

Public now 2021

Sales 2020 -13.1 million
2020 net income -103 million
-24.4 million
-24.4 million
2020 net cash position 10,287 million
2,436 million
2,436 million
PER 2020 ratio -85.2x
2020 yield
Capitalization 11,084 million
2,628 million
2,625 million
VE / Sales 2019 -1.12x
VE / Sales 2020 115x
Number of employees 3
Free float 87.9%

Duration :


Technical analysis chart of Fondul Proprietatea SA |  MarketScreener

Evolution of the income statement

To sell

To buy

Average consensus SURPASS
Number of analysts 4
Last closing price

1.77 RON

Average price target

1.74 RON

Spread / Average target -1.69%

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