OMV Petrom S.A. ("OMV Petrom") received from Fondul Proprietatea S.A. a notification referring to its holdings in OMV Petrom’s social capital, as a result of the transaction dated September 21, 2017.
According to the notification received, after the transaction, Fondul Proprietatea S.A. holds 5,663,548,078 ordinary shares, corresponding to 9.9985% of OMV Petrom’s social capital, respectively 5,663,548,078 voting rights, corresponding to 9.9985% of OMV Petrom’s voting rights.
» Annex: Statement received by OMV Petrom from Fondul Proprietatea S.A. regarding holdings exceeding 5%
About OMV Petrom
OMV Petrom is the largest integrated oil and gas group in Southeastern Europe, with an annual oil and gas production of approximately 64 mn boe in 2016. The Group has a refining capacity of 4.5 mn tons / year and operates an 860 MW high efficiency power plant. The group is present on the oil products retail markets in Romania and neighboring countries through 785 filling stations, as of end June 2017, under two brands – Petrom and OMV.
OMV, one of Austria's largest listed industrial companies, holds a 51.01% stake in OMV Petrom. The Romanian state, via the Ministry of Energy, holds 20.64% of OMV Petrom shares, Fondul Proprietatea holds 9.9985%, and 18.35% is free float on the Bucharest Stock Exchange and London Stock Exchange.
Starting 2007, OMV Petrom has integrated the principles of corporate responsibility into its business strategy. In this period, the company has allocated approx. EUR 49 mn for the development of communities in Romania, focusing on environmental protection, education, health and local development.