T-Hrvatski Telekom, (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HRTA CZ), Croatia’s leading telecommunications provider, notes that on 6 October 2008, the Government of the Republic of Croatia, as planned at the time of the IPO in October 2007, transferred T-HT bonus shares to Croatian retail investors who were entitled to bonus shares.
Upon transfer of the shares, the Republic of Croatia reduced its shareholding from 5.2% to 3.6%, while private and institutional investors increased their share from 36.8% to 38.4%.