Franklin Templetons Ernennung zum Investment Manager des rumänischen Staatsfonds Fondul Proprietatea durch Aktionäre bestätigt
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Restituierung der Aktionäre rückt durch vereinbarte Dividendenzahlung näher
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Listing an der Bukarester Börse für 2011 geplant
Franklin Templeton Investment Management Limited wurde gestern in einer außerordentlichen Aktionärsversammlung (EGM) zum Investment Manager und Verwalter des rumänischen Multi-Mrd.-Euro-Entschädigungsfonds Fondul Proprietatea ernannt. Die Bestellung wird demnächst im Handelsregister eingetragen und offiziell verlautbart.
Fondul Proprietatea wurde im Dezember 2005 aufgelegt um rumänische Staatsbürger zu entschädigen, die vom ehemaligen kommunistischen Regime des Landes enteignet worden waren.
Dr. Mark Mobius, Vorstandsvorsitzender der Templeton Emerging Markets Group und Pionier für Anlagen in den Emerging Markets, erläutert: „Die heutige Entscheidung ist wegbereitend für das Listing des Fonds an der Bukarester Börse. Davon werden nicht nur die Aktionäre profitieren, sondern auch der gesamte rumänische Kapitalmarkt. Außerdem werden dadurch ausländische institutionelle Investoren ins Land gezogen. Wir begrüßen auch die Entscheidung, den Aktionären eine Dividende auszuschütten, die uns einen Schritt in Richtung der lange erwarteten Restitution bringt, die mit der Komplettierung des Fonds-Listings in 2011 erreicht sein soll."
Franklin Templeton hat kürzlich ein Büro in Bukarest eröffnet. Ein Team von 17 Angestellten - 6 davon sind lokale Analysten - wird von 35 Portfolio Managern und Analysten aus dem Templeton Emerging Markets Team unterstützt. Franklin Templeton ist somit gut gerüstet um den 2.7 Mrd. Euro* Fonds zu verwalten.
Franklin Templeton’s Appointment as Fondul Proprietatea’s Investment Manager and Administrator Approved By Shareholders
- Restitution to Shareholders Moves Closer with Approved Dividend Payment and
- Listing on the Bucharest Stock Exchange in Early 2011
Franklin Templeton Investment Management Limited was today appointed as investment manager and administrator of the multi-billion Euro Romanian restitution fund, Fondul Proprietatea (“the Fund”), at the Fund’s Extraordinary General Meeting of Shareholders (EGM). The appointment is subject to final approval by the Trade Register and Official Gazette publication.
The EGM, as well as the Fund’s Ordinary General Meeting of Shareholders (OGM), which also convened today, follow the Presidential ratification of Ordinance 81 on 9 July 2010. Launched in December 2005, Fondul Proprietatea was established to compensate Romanians whose properties were confiscated by the former communist government.
Dr. Mark Mobius, Executive Chairman of the Templeton Emerging Markets Group and a pioneer in emerging markets investing, commented, “The decision today paves the way for the Fund’s listing on the Bucharest Stock Exchange which will benefit its shareholders and the broader Romanian capital market in addition to attracting foreign institutional investors to the country. We also applaud the decision to approve the distribution of a dividend to shareholders, bringing us a step closer to long-awaited restitution which should be fully realised on completion of the Fund´s listing in early 2011."
Bucharest-based Greg Konieczny and designated Fund Manager of Fondul Proprietatea, commented, “We look forward to listing the fund at the beginning 2011 and to working with both Fund shareholders and the Body of Nominees.”
Ionut Propescu, Fondul Proprietatea’s CEO commented, "Today’s shareholder meeting is the most important event since the beginnings of Fondul Proprietatea, in 2005. I am confident that Franklin Templeton’s appointment as the Fund’s manager, and the high quality investment management experience it brings to this role, will reflect positively on the Fund’s prospects and share price. Franklin Templeton’s appointment, combined with the Fund´s planned listing on the Bucharest Stock Exchange and a listing on the London Stock Exchange, will enable Fondul Proprietatea to become not only the right solution for the indemnification of those dispossessed of their properties but also one of the most attractive investment vehicles in the world."
Franklin Templeton recently established an office in Bucharest, with a team of 17 employees, including six local investment analysts, who are further supported by the 35 portfolio managers and analysts of the wider Templeton Emerging Markets team. With these extensive resources in place, Franklin Templeton is well positioned to begin managing the €2.7 billion* Fund.
* Source: Fondul Proprietatea Annual Report 2008
