Investor News

Budapest, June 30, 2017 14:00

Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB, hereinafter the “Company”), the leading Hungarian telecommunications service provider, hereby announces that on June 29, 2017, to enable the operation of the incentive program based on the new remuneration policy announced in the interim financial 0(HU0000073507)over the counter from the Magyar Telekom Plc. Employee Share Ownership Program Organization (ESOP Organization) at HUF 470 per sharethrough UniCredit Bank Hungary Zrt., as investment service provider. The purpose of the transaction is to harmonize the number of shares held by the ESOP Organization and the number of employees having members’ shares in the ESOP Organization. Following this transaction the number of treasury shares held by Magyar Telekom increased to 102,805.

 

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Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Reports for the year ended December 31, 2016 available on our website at https://www.telekom.hu.