Pursuant to Article 474 of the Capital Market Act, Croatian Telecom Inc. (“HT Inc.” or “the Company”) hereby notifies that, out of 733,688 shares acquired pursuant to the Treasury Share Buyback Programme in force until 21 April 2021, on 28 April 2021 the Company transferred 14,968 Company`s shares to managers, within the Company`s Share Award Plan (PDD) for the managers. Following this transfer, HT Inc. holds in total 718,720 treasury shares.
In line with the new Treasury Share Buyback Programme, as of 28 April 2021, 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),.
Following these acquisitions and including the remaining 718,720 treasury shares acquired in line with the previous Treasury Share Buyback Programme, HT Inc. holds in total 723,168 treasury shares, representing 0.895384% of the Company’s issued share capital. Share capital amounts to HRK 10,244,977,390.25, and is divided into 80,766,229 shares without nominal value.
Above stated treasury share buyback was executed in accordance with the decision of the General Assembly as of 23 April 2021, on granting authority to the Management Board of HT Inc. 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, in a smaller part, to offer them to employees within the Company`s Share Award Plan. Thereafter, the Management Board is authorized to align the information on the number of shares in the Articles of Association of the Company.