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Fondul Proprietatea updates board nominees

Published 12/23/2024, 09:10 PM

BUCHAREST - Fondul Proprietatea S.A. (Bucharest Stock Exchange:FP), a Romanian investment fund, has announced an update to its Board of Nominees following a recent shareholder meeting. On December 22, 2024, the fund received a notarized statement from Mr. Nicholas Paris, accepting his mandate as a member of the Board of Nominees. The Board now includes Ilinca von Derenthal as Chairperson, with Ciprian Lăduncă, Marius-Alin Andrieș, Ileana-Lăcrămioara Isărescu, and Nicholas Paris as members.

The fund, managed by Franklin Templeton International Services S.À R.L., will proceed with the registration of Mr. Paris's mandate at the Bucharest Trade Registry Office. The Consultative Committees of the fund will maintain their current membership, with any further updates to be announced by the Board of Nominees.

Fondul Proprietatea's shares are traded on the Bucharest Stock Exchange, and its Global Depositary Receipts (GDRs) are listed on the London Stock Exchange (LON:LSEG). The fund's share capital stands at RON 1,849,342,164.28, with 3,556,427,239 shares in issue and fully paid.

This update is based on a press release statement from Fondul Proprietatea.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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