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BUCHAREST - Fondul Proprietatea S.A., a Romanian investment fund, has announced the availability of electronic voting for its shareholders ahead of the upcoming Extraordinary and Ordinary General Meetings (EGM and OGM) scheduled for April 29, 2025. Shareholders can now cast their votes online using the eVote or eVotePRO platforms, starting from Tuesday, April 22, 2025, at 7:00 pm Romanian time.
This initiative allows registered shareholders as of the "GSM Reference Date," April 11, 2025, to vote electronically and is intended to streamline the decision-making process. The electronic voting option will be available until April 28, 2025, at 11:00 AM for the EGM and 12:00 PM for the OGM, Romanian time.
The Fund’s management, Franklin Templeton International Services S.À R.L., has provided this alternative to ensure greater participation and convenience for shareholders who are unable to attend in person or prefer not to send their votes by correspondence. The necessary documentation and procedures for electronic voting are accessible on the Fund’s website, as detailed in the GSM Convening Notice.
Despite the introduction of electronic voting, the traditional methods of voting by mail and in-person attendance remain available for shareholders. Fondul Proprietatea emphasizes the importance of shareholder engagement in the governance of the Fund and seeks to facilitate this through multiple voting channels.
Fondul Proprietatea is listed on the Bucharest Stock Exchange, and its Global Depositary Receipts (GDRs) are traded on the London Stock Exchange (LON:LSEG). The Fund’s capital structure consists of 3,556,427,239 shares with a subscribed and paid-up share capital amounting to RON 1,849,342,164.28.
This move towards electronic voting reflects a broader trend in corporate governance, aiming to enhance shareholder accessibility and engagement in corporate decision-making processes. The information is based on a press release statement issued by the company.
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