Small investors who wait another month to sell HT shares will receive one additional share for every ten shares they own. Since each citizen was allowed to purchase a maximum of 63 shares, the profit that can be realized at current prices, if they sell the shares, amounts to 1,680 kuna for each investor.
Investors who purchased shares of Hrvatski Telekom and have not sold them in the past year will receive one additional share for every ten shares on October 6. The reward for patience will amount to approximately 1,680 kuna per package, if the current value of HT, which is around 280 kuna, is taken as the reference price.
– Every Croatian citizen who purchased shares in the public offering with preemptive rights and special benefits, and has maintained an unchanged ownership position registered with the issuer for an uninterrupted duration of one year, will receive one additional share for every 10 shares – states the announcement published on the SDA website.
The last day for monitoring transactions is October 4, 2008, and the bonus shares will be transferred to shareholders’ accounts on October 6, 2008. (Amir Kulenović)
*The author owns shares of HT.
