The shares were traded at RON0.3847/share, similar to RON0.3846/share price at Tuesday’s closing, UniCredit CAIB Securities, which brokered the deal, said in a statement.
In May, the funds managed by Franklin Templeton started buying shares in OMV Petrom again, and purchased a total stake of 0.2328% for RON49.3 million (around EUR11 million) so far.
In 2011, Templeton’s managed-funds bought 0.035% in OMV Petrom, for almost EUR2 million.
Franklin Templeton manages Romania’s Fondul Proprietatea (FP. RO). The two companies are represented in OMV Petrom’s supervisory board by Franklin Templeton’ chief executive officer, Mark Mobius.
OMV Petrom is 51.01%-owned by Austrian group OMV. The Romanian Economy Ministry holds a 20.63% stake in the company, while investment fund Fondul Proprietatea owns 20.11%.
Wednesday, OMV Petrom closed flat, at RON0.3846 a share in Bucharest. (EUR1=RON4.4940)