The shares were traded at RON0.53/share, down 0.56% from Monday’s closing price.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
The fund has a share capital of RON13.77 billion, split into 13.77 billion shares with a face value of RON1.
Foreign institutional investors held 50.64% of the fund’s shares at the end of August, while Romanian-basedinstitutional investors held 9.34%.
The fund’s largest stockholders are US hedging fund Elliott Associates, which indirectly owns a 14% stake, and City of London, with a 9.8% stake. (EUR1=RON4.4834)