Proprietatea Fund administrator to block 14 percent of state owned shares

The Franklin Templeton company, the administrator of the Proprietatea Fund (FP), will block 14 percent of the state owned shares, namely 2.7 percent of all the FP shares, in order to recoup same sums of money representing unpaid share capital, according to the reports submitted by FP to the Bucharest Stock Exchange.'The sole administrator will take all the necessary measures on behalf of the Fund with a view to recouping the sums of money representing the share capital unpaid by ...

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