“According to the disclosure received by Fondul Proprietatea on 04 September 2024 (“Report date”), as of 30 August 2024 (“Date of lowering the threshold (percentage of vote)”), Fondul de Pensii Facultative NN ACTIV, Fondul de Pensii Facultative NN OPTIM and Fondul de Pensii Administrat Privat NN, by virtue of acting in concert, held a number of 345,978,890 voting rights, representing 4.98% of the total Fondul Proprietatea voting rights (3,470,123,151) excluding own shares that do not have voting rights (86,304,088), respectively out of 3,556,427,239 voting rights,” the report shows.
On August 30, the three NN funds held 172.7 million voting rights, an investment amounting to little over RON100 million, in line with calculations by Ziarul Financiar (ZF) daily.
ZF has recently reported that eight in ten Fondul Proprietatea shares traded in June 2024 were sold by Pillar II pension funds, which reached an ownership stake of 14%, compared with 17% a month before. NN Pensii probably was the largest seller in June.
Fondul Proprietatea has a market value of RON2.1 billion and its shares have traded down 26% so far in 2024, amid deals worth RON475.1 million, as per stock market data.