T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ; “HT”), a leading provider of telecommunications services in Croatia, announces that on 3 July 2014, it received a notification from the Restructuring and Sale Center (CERP) that the latter’s Management Board has reached a decision to launch a process to sell 2,859,148 of HT’s shares owned by the Republic of Croatia on the regulated capital market. This represents 3.49% of HT's share capital.
The Pensioner's Fund transferred 3.49% of shares of HT to the owner account of CERP on 12 December 2013. CERP was established by the Republic of Croatia in July 2013 as a legal successor to the Government Asset Management Agency.