News and current reports
Notification of the share buy-back programme for the purpose of share option plan
5. 3. 2020
Based on the authorization by the Supervisory Board of Kofola ČeskoSlovensko a.s. (“Kofola”) held on June 8, 2017, the Board of Directors of Kofola resolved to implement the acquisition of own shares by Kofola on March 4, 2020.
The sole purpose of the acquisition of own shares by Kofola is to meet obligations arising from share option programmes, or other allocations of shares, to employees or to members of the administrative, management or supervisory bodies of Kofola or of an associate company.
Maximum number of shares to be acquired amounts up to 19,759 shares of Kofola which may be acquired for a maximum total consideration (excluding incidental transaction charges) of up to CZK 5,600,000. The shares can be acquired up until April 30, 2020.
Kofola has concluded a contract with Česká spořitelna, a.s. for the purpose of execution of the acquisitions of its own shares. Pursuant to this contract, execution of the acquisitions of its own shares will take place independently of Kofola and without its influence, and only on regulated markets in accordance with the respective legal regulations and rules of these markets.
Further information can be found in section Regulatory information.