Monday | June 05, 2023 |
Market Status: CLOSED

Market News


Update on CN Aeroporturi Bucuresti SA share capital increase

Release Date: 5/25/2023 6:00:02 PM

IRIS Code: F32A1

To:          Bucharest Stock Exchange

                Financial Supervisory Authority

               London Stock Exchange




Current report according to the provisions of Article 99 letter a) and s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

Important events to be reported:

The Court’s decision in the claim for annulment filed by Fondul Proprietatea S.A. against the share capital increase of C.N. Aeroporturi Bucuresti S.A.

Franklin Templeton International Services S.A R.L., in its capacity as alternative investment fund manager and sole director (”AIFM / Fund Manager”) of Fondul Proprietatea S.A. (“Fondul Proprietatea / the Fund”), hereby informs shareholders and investors that, following the claim for annulment filed by the Fund against the Extraordinary General Shareholders Meeting (“EGM”) Resolution no. 15/ 26 October 2021 of C.N. Aeroporturi Bucuresti S.A. (“CNAB” / “Bucharest Airports”) for approving the increase of the share capital from RON 143,772,150 to RON 4,912,283,610, as a result of the contribution in kind of the Romanian State with the land inside the Baneasa Airport (the “Increase”), in file no. 2779/93/2021, the Ilfov Court decided on 25 May 2023 to reject the Fund’s claim as unfounded.

Please note that the Court’s decision is not final and may be subject to appeal within thirty (30) days of its communication. The Fund Manager mentions that it intends to use its right to appeal the Court’s decision.

Furthermore, please note that the effects of the Increase are suspended as a result of the decision of the Bucharest Court of Appeal dated 13th January 2022, until the final settlement of the claim for annulment of CNAB’s EGM (as the Fund Manager already announced investors through the current report dated 14th January 2022 - Microsoft Word - Current report new litigation against the share capital increase Bucharest (

Franklin Templeton International Services S.A R.L, in its capacity as alternative investment fund manager and sole director of FONDUL PROPRIETATEA S.A.



Permanent Representative

Report date:

25 May 2023


Name of the issuing entity:

Fondul Proprietatea S.A.


Registered office:

76-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017


Phone/fax number:

Tel.: + 40 21 200 96 00

Fax: +40 31 630 00 48






Sole Registration Code with the Trade Register Office:



Order number in the Trade Register:



Subscribed and paid-up share capital:

RON 3,233,269,110.76



Number of shares in issue and paid-up:



Regulated market on which the issued securities are traded:

Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange








Information provided by IRIS, the news platform of the Bucharest Stock Exchange.


Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2016 Bucharest Stock Exchange. All rights reserved