Pursuant to Article 474 of the Capital Market Act, Croatian Telecom Inc. (“HT Inc.” or “the Company”) hereby notifies that in line with the 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):
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 to acquire Company’s (treasury) shares on behalf of the Company and to dispose of them in line with the provisions of the Companies Act and other applicable regulations. 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 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 to align the information on the number of shares in the Articles of Association of the Company.
In April 2022 the Company transferred 14,663 Company`s shares to managers, within the Company`s Share Award Plan (PDD) for the managers.
In June 2022, the Management Board withdrew 1,271,667 Company shares without nominal value, without the share capital of the Company being decreased; thereby the total number of shares has decreased from to 80,047,509 shares to 78,775,842 shares without nominal value, which has been entered into the register of the Commercial Court in Zagreb on 20 July 2022.