Timetable of further steps in the process of the CETIN share transfer
PPF A4 B.V. hereby announces the timetable of further steps in the process of the mandatory transfer of ownership title to all shares in Česká telekomunikační infrastruktura a.s. (CETIN) to the main shareholder, PPF A4 B.V. In compliance with the relevant legislation, the ownership title of all the shares held by minority shareholders will pass to PPF A4 B.V. on 11 January 2016. Payment of compensation to shareholders, which the general meeting determined at CZK 172.40 per share, will be made by 10 February 2016.
The above dates for the transfer of ownership title and the payment of compensation derive from the date 11 December 2015, when the resolutions of the general meeting of CETIN shareholders on 3 December 2015 to decide the mandatory share transfer was published in the commercial register.
The main shareholder, PPF A4 B.V., will provide the determined compensation at its own cost through PPF banka a.s., with which it has already deposited the required amount of funds. The bank will pay cash compensation to minority shareholders primarily directly into their bank accounts or by way of a postal money order (via addresses and bank account numbers that are available to the bank). The details of this procedure for paying compensation have been posted at www.ppfa4.eu, and interested parties can also obtain them by calling the information line: 800 100 022 and via e-mail: email@example.com.