Investors are flocking to sell shares in Fondul Proprietatea's offer made by administrator Franklin Templeton, according to data available on the platform of a brokerage house. By 3pm yesterday, sell orders had been entered for 1.63 billion FP shares, equivalent to over 600% subscription to the offer (excluding subscriptions to London-listed Global Depositary Receipts), which was released for 269 million titles. The subscription price is 0.662 lei per share listed on the Bucharest Stock

Tag-uri: Fondul Proprietatea