Fondul Proprietatea | Romania Feed

Fondul Proprietatea (FP.RO) has announced in a stock market report on Dec 15, through its sole manager Franklin Templeton, that private pension fund Fondul de Pensii Administrat Privat Metropolitan Life reached an ownership stake of 4.1% of the share capital of FP, respectively 3.55 billion voting rights.

Fondul Proprietatea (FP.RO) has received approval from the Financial Supervisory Authority (ASF) for a new buy-back program of up 12% of its share capital, the Fund’s manager, Franklin Templeton International Services, said in a report to the Bucharest Stock Exchange on Tuesday.

The Bucharest Stock Exchange on Friday (Sept 1) said that during the extraordinary meeting of the Index Committee held on August 31 a series of decisions were approved regarding the stock market indices adjustment, following the special dividend granted by Fondul Proprietatea (FP).

Fondul Proprietatea (FP.RO) should pay RON8.06 billion or almost 80% of the proceeds from its exit from Hidroelectrica (H2O.RO) as dividends to more than 19,000 shareholders this fall. This is the highest cash distribution in the history of the Bucharest Stock Exchange.

Fondul Proprietatea (FP.RO) notified via its manager Franklin Templeton the investors on the Bucharest Stock Exchange that Fondul de Pensii Administrat Privat Metropolitan Life had sent a disclosure of holding over 5% of the total voting rights in the Fund.

Fondul Proprietatea published its financial results for the first three months ended on 31 March 2022. The Fund’s share price registered a strong performance in the first three months reaching a price of RON 2.11 at 31 March 2022, a record high value which implied a trading discount of 4.26%, based on the latest NAV available […]

Hidroelectrica shareholders approved the start of the listing process of the 19.9% held by Fondul Proprietatea (FP.RO) in the electricity generation company on the Bucharest Stock Exchange in the general meeting on Thursday, March 31, done via a secondary public offering.

Hidroelectrica’s current value exceeds $10 billion and, if listed on the stock market, its value could grow by 10%-15%, Johan Meyer, Portfolio Manager at Fondul Proprietatea, told ZF Power Summit 2022 on Tuesday (Feb 22).

Fondul Proprietatea (FP.RO), an issuer with exposure to strategically important companies in the Romanian economy, such as Hidroelectrica and OMV Petrom, on Monday evening notified the Bucharest Stock Exchange that Henry Mark Gitenstein had resigned from his positions in the fund’s Board of Nominees and all consultative committees.

Franklin Templeton International Services, alternative investment fund manager and sole director of property restitution fund Fondul Proprietatea, on Tuesday announced that AIO V (Ireland) Finance Designated Activity Company and AIO VI (Ireland) Finance Designated Activity Company sent an aggregate disclosure of holdings under 5% of the total voting rights in Fondul Proprietatea.

Shareholders of Fondul Proprietatea (FP.RO) approved Wednesday the distribution of special dividends from non-distributed profits from 2016 and 2017, as the company reported a loss of RON102.9 million in 2020.

Fondul Proprietatea published today its financial results for 2020 and would like to share the following highlights: The Fund’s share price registered a strong performance in the second part of 2020, following the rebound of global stock markets, which led to a historical high level of the share price of RON 1.4500 per share registered […]

Fondul Proprietatea (“the Fund”) celebrates the tenth anniversary of its listing on the Bucharest Stock Exchange. The decade marks a period in which Fondul Proprietatea has contributed enormously to the development of the Romanian capital market, improving continuously the corporate governance standards in SOEs and making constant efforts to create value for its shareholders.   […]