Press Releases

Budapest, June 12, 2006 15:00

MakTel had bought an additional 0.1% of the company's shares for EUR 0.6mn at the auction held by the Macedonian Government. With this, MakTel bought a total of 10% of the company's shares during the auction.

The Macedonian Government auction to sell shares in MakTel was held between 5th and 9th of June, 2006. During the auction, MakTel bought a total of 10% of the company's shares (9.9% plus 0.1%), while 0.3% was sold to other investors.

Following the share purchase transaction, Magyar Telekom's voting rights in MakTel, through its subsidiary Stonebridge, reached 56.7%. In terms of share ownership, Magyar Telekom (through Stonebridge) has 51%, the government 36.81%, IFC 1.88% and minority shareholders 0.31% of MakTel's shares, while 10% is held by MakTel as treasury shares.