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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