BUCHAREST - Fondul Proprietatea SA, a joint-stock company trading on the Bucharest and London Stock Exchanges, has disclosed its shareholding structure and total number of voting rights as of November 30, 2024. According to the information received from Depozitarul Central S.A., Romanian private individuals hold the largest stake in the company, accounting for 49.93% of the subscribed and paid-up share capital, which also translates to the same percentage in total voting rights.
The report, dated today, indicates that Romanian institutional shareholders and the Ministry of Finance hold 16.23% and 10.42% of the shares, respectively. Foreign private individuals and foreign institutional shareholders own smaller portions, 4.97% and 6.95% respectively. Additionally, The Bank of New York Mellon (NYSE:BK), the depository bank for Global Depository Receipts (GDRs), holds 1.51%.
Treasury shares represent 10.00% of the company's share capital, but these shares do not carry voting rights, as per the company's buyback programs. The total number of voting rights in the company stands at 3,556,427,239, with 3,200,784,516 being exercisable.
The total number of shareholders was reported as 22,965. The company's share capital is listed as RON 1,849,342,164.28, with the number of shares issued and fully paid standing at 3,556,427,239. The shares of Fondul Proprietatea are traded on the Bucharest Stock Exchange, while its GDRs are available on the London Stock Exchange (LON:LSEG).
This announcement, made by Johan Meyer, the Permanent Representative of Franklin Templeton International Services S.À R.L., which acts as the Alternative Investment Fund Manager of Fondul Proprietatea, is based on a press release statement and provides a snapshot of the company's ownership as of the end of November.
The company, established with a registered office in Bucharest, has been a notable presence on the stock market, with its activities and changes in shareholding structure being of interest to investors and market watchers alike. The disclosure of such information is in accordance with the regulations of the Bucharest Stock Exchange and is essential for maintaining transparency in the market.
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