Investor News
Magyar Telekom transfers treasury shares to the ESOP Organization
Budapest, December 21, 2017 15:30
Budapest – December 21, 2017 – Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB, hereinafter the “Company”), the leading Hungarian telecommunications service provider, hereby announces the transfer of 568,024 treasury shares on December 21, 2017 to the employee share ownership organization (ESOP Organization)to enable the operation of the incentive program based on the new remuneration policy announced in the interim financial report on May 10, 2017. Following this transaction the number of treasury shares held by Magyar Telekom decreased to 40,625.
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in, among other things, our Annual Reports for the year ended December 31, 2016 available on our website at https://www.telekom.hu.