T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ), the leading provider of telecommunications services in Croatia, was notified that on 3 May 2012, Mr. Ivica Mudrinić, President of the Management Board of HT d.d., acquired 1,931 shares at an average price of HRK 207.121921 per share, representing 0.002358% of the Company’s issued share capital. These shares were acquired at the Zagreb Stock Exchange and are being held on a separate custodian account.
Mr. Mudrinić acquired the said shares as a personal investment, made within the long-term incentive plan for senior management, following the announcement made on 2 May 2012. These shares are subject to four years lock-up, after which, for each share acquired as a part of the aforementioned personal investment, Mr. Mudrinić will be granted one additional HT share, free of charge.
For the purpose of fulfilling its obligations pursuant to the long-term incentive plan for senior management HT d.d. has, in accordance with the published Treasury Share Buyback Program, acquired at the Zagreb Stock Exchange, brokered by Erste&Steiermaerkische Bank d.d., 1,931 treasury shares at an average price of HRK 207.5325688 per share. The shares were acquired on 3 and 4 May 2012 and they represent 0.002358% of the Company’s issued share capital.
After this acquisition, Mr. Mudrinić holds in total 6,500 shares in the Company.
After this acquisition, HT d.d. holds in total 1,931 treasury shares.