13.2 C
Bucharest
April 20, 2021
BUSINESS

Templeton recommends listing the Proprietatea Fund on the Warsaw Stock Exchange

Franklin Templeton, the administrator of the Proprietatea Fund (FP) recommended shareholders the secondary listing of the Fund on the Warsaw Stock Exchange in the first quarter of 2012, by selling a maximum stake of 10 pc, Mediafax reports. The move would increase the visibility of FP among foreign investors, along with the liquidity of the Fund.

Templeton considers listing the Romanian fund on the markets of London, Warsaw or Vienna, reads a press release sent by Templeton to the Bucharest Stock Exchange (BVB) on Wednesday. The announcement follows a six-month study and consultation with eight leading global investment banks.

Related posts

Vodafone Romania reported the financial results for Q4 2020: Service revenue was EUR 193 million, down by 2.1% compared to Q4 2019

NINE O'CLOCK

Romania collects EUR 565 M from EC in 2015

Nine O' Clock

Romalimenta: Meat prices not to rise before holidays

Test