Annual Report 2011 - T-Hrvatski Telekom

14
Dividend proposal for the 2011 financial year
Introduction
The Management Board and Supervisory Board of Hrvatski Telekom d.d. propose to this year’s General Assembly,
to be held on April 25, the distribution of a dividend of HRK 22.14 per share which will be paid from 2011 financial
year profit, resulting in total dividend payment of HRK 1,813,012,164.90.
The Supervisory Board gave its consent to the Management Board to pay to the shareholders an advance dividend
of HRK 11.07 per share or HRK 906,506,082.45 in total. The date on which shareholder acquires the right to
advance dividend payment amount, is established as 20 February 2012 and the due date for advance dividend
payment is 27 February 2012.
According to the proposal, the date on which shareholder acquires the right to residual dividend amount of HRK
11.07 per share is 25 April 2012, the day of the General Assembly session. The residual amount will be paid to
shareholders on 21 May 2012.
Shareholder Structure as at 31 December 2011.
Deutsche Telekom
War Veterans' Fund
Raiffeisen Mandatory Pension Fund*
Pensioners' Fund
Private and other institutional investors
51.0%
7.0%
5.3%
3.5%
33.2%
* Excludes possible GDR holdings
Total number of shares issued: 81,888,535
Deutsche Telekom remains the majority shareholder with a 51% holding, while the Croatian War Veterans’ Fund
continues to own 7%. In November 2010 the Republic of Croatia transferred its 3.5% holding to the Pensioners’ Fund.
In April 2011 the Company received notification from Raiffeisen Mandatory Pension Fund Management Company
Plc that Raiffeisen Mandatory Pension Fund has exceeded the 5% threshold in HT d.d. According to Central
Depositary & Clearing Company web site at the end of 2011, it held 5.3% of T-HT shares.
The remaining 33.2% is in private and other institutional hands, with more than 220,000 Croatian private investors
holding T-HT shares representing 23.3% of the total share capital of the Company.