Fondul Proprietatea announced the that the public tender offer launched in relation to the tenth buy-back programme has ended.
The Fund successfully bought back a total of 150,000,000 own shares (1.65% of the Fund’s capital) out of which 90,057,550 were in the form of shares and 59,942,450 shares were in the form of GDRs, (namely 1,198,849 GDRs).
The Settlement date is set on the 22nd of August 2019 for shares, while the GDR Tender Agent will no later than the 21st of August 2019 pay the GDRs purchase price to the Clearing Systems for further distribution to Investors whose GDRs have been accepted for purchase in the offer.
