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):
Following this acquisition, HT Inc. holds in total 686,735 treasury shares, representing 0.871758% of the Company’s issued share capital. Share capital amounts to EUR 1,359,742,172 and is divided into 78,775,842 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 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 2023 the Company transferred 12,770 Company`s shares to managers below Management Board level, within the Company`s Share Award Plan (PDD) for the managers. Within the said Plan, 4,380 Company`s shares were transferred to Members of the Management Board of the Company in May 2023.