Pursuant to Article 430 of the Capital Market Act, Hrvatski Telekom d.d. (“HT d.d.” or “the Company”) hereby notifies that the investment company Interkapital vrijednosni papiri d.o.o. made the following acquisitions of Company (treasury) shares in the name and on behalf of the Company at the regulated market of Zagreb Stock Exchange (ZSE), in line with the Treasury Share Buyback Programme.
- On 20 July 2017, 509 shares, identification code HT-R-A, were acquired at a weighted average price of HRK 181.6098 per share, representing 0.0006 % of the Company’s issued share capital.
- On 21 July 2017, 956 shares, identification code HT-R-A, were acquired at a weighted average price of HRK 181.9874 per share, representing 0.0012 % of the Company’s issued share capital.
Following these acquisitions, HT d.d. holds in total 10,890 treasury shares1, representing 0.0133 % of the Company’s issued share capital. Share capital amounts to HRK 9,822,853,500.00, and is divided into 81,888,535 shares without nominal value.
Above stated treasury share buyback was executed in accordance with the decision of the General Assembly as of 21 April 2016, on granting authority to the Management Board of HT d.d. to acquire Company’s (treasury) shares on behalf of the Company. In the process of acquiring and managing of Company’s shares the Management Board is empowered not to comply with the provisions of Article 211 and Article 308 paragraph 2 and 4 of the Companies Act. The Management Board of the Company is authorized to act in accordance with the Article 352 paragraph 3 item 3 of the Companies Act and withdraw the shares without nominal value without the share capital of the Company being decreased, in which case the remaining shares’ participation in the share capital is increased, and the Management Board is authorized to align the information on the number of shares in the Articles of Association of the Company.
1 Prior to launching the Treasury Share Buyback Programme, HT owned 2,966 treasury shares.