CAPITAL MARKETS LAW
113
legal entities and their representatives), authorisation period
to be requested from the general assembly and date of the
general assembly in which the authorisation shall be voted for
and a summary of the last completed repurchase programme
and this programme shall be published on the web site of the
company 15 days prior to the general assembly and therefore
shall be announced to the public.
• In case the programme is amended in the general assembly,
the amended programme shall be announced to the public on
the next business day and shall be simultaneously published
on the web site of the company.
• The company shall disclose each transaction in scope of
repurchase programme including nominal value of the shares
subject to transaction, transaction price, its ratio in the share
capital, the privileges of these shares and the date of the
transaction within the business day following the date of the
transaction.
• The company shall disclose including each of the redeemed
and owned shares, maximum and average repurchase price,
the cost of repurchase, total amount of the repurchased shares,
its ratio in the share capital, the privileges of these shares and
the date of the transaction within 5 business days following
the last day of the programme. This information shall be
submitted to the shareholders in the first general assembly.
• In case the programme has been amended by the general
assembly, such amendments as well as the reasons for the
amendments shall be announced to the public.
(vii) The repurchase shares may be disposed only by the way of sale
in the stock exchange and following the end of the repurchase
programme. The unpaid shares acquired with the repurchased
shares shall be subject to the same principles.
(viii) Each sale transaction effectuated in case of disposal of the
repurchased shares including nominal price of the shares,
transaction price, its ratio in the share capital, privileges and