Notification of the transfer of ownership title of CETIN shares to PPF
01/12/2016
In line with the previously publicised timetable, on 11 January 2016 the ownership title of all shares in Česká telekomunikační infrastruktura (CETIN) held by minority shareholders passed to the main shareholder, PPF A4 B.V. Thus, PPF Group becomes the 100% owner of CETIN.
Payment of compensation to shareholders, determined at the general meeting of CETIN shareholders on 3 December 2015 as CZK 172.40 per share, will be made by 10 February 2016. The main shareholder, PPF A4 B.V., will provide this compensation at its own cost through PPF banka a.s., with which it has deposited the required funds. The bank will pay cash compensation to minority shareholders directly into their bank accounts or by way of a postal money order (where addresses and bank account numbers are available to the bank). The details of this payment procedure 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: info@akciecetin.cz.