Pursuant to Article 430 of the Capital Market Act, Hrvatski Telekom d.d. (“HT d.d.” or “the Company”) hereby notifies that 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), in line with the Treasury Share Buyback Programme.
- On 18 December 2017, 667 shares, identification code HT, were acquired at a weighted average price of HRK 166.0416 per share, representing 0.000815 % of the Company’s issued share capital.
- On 19 December 2017, 414 shares, identification code HT, were acquired at a weighted average price of HRK 165.5255 per share, representing 0.000506 % of the Company’s issued share capital.
- On 20 December 2017, 296 shares, identification code HT, were acquired at a weighted average price of HRK 165.2128 per share, representing 0.000361 % of the Company’s issued share capital.
The Company hereby makes a correction of the number of treasury shares it holds, and which, following above listed acquisitions, on 20 December 2017 amounts to 217,253 treasury shares1 in total, representing 0.265303 % of the Company’s issued share capital.
Namely, due to technical error when delivering the notice on executed purchases, which has been later amended, the total number of shares HT d.d. holds following the individual acquisitions has been reported in the amount lower by 1,695 shares compared to the actual position, and this technical error is being corrected in the today’s notification.
Share capital amounts to HRK 9,822,853,500.00 and is divided into 81,888,535 shares without nominal value.
Above stated treasury share buyback was executed in accordance with the decision of the General Assembly as of 21 April 2016, on granting authority to the Management Board of HT d.d. 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 the Management Board is authorized to align the information on the number of shares in the Articles of Association of the Company.
1 Prior to launching the Treasury Share Buyback Programme, HT owned 2,966 treasury shares.