According to the vice-chairman of the National Property Fund (NPF), Pavel Kuta, the state should receive the remainder of the payment for the 63% stake in Unipetrol from PKN on May 24. The NPF will transfer its shares in Unipetrol to PKN n the same day. After the transaction is complete, PKN will be obliged to make a buyout offer to minorities within 60 days. Note that a final audit, which may alter the price paid to the state (CZK99 / share) by -25% / +15%, must be completed within 60 days after the transaction is settled. Unipetrol will hold an EGM on June 8 to elect new supervisory board members. Please note that Unipetrol is on Patria’s restricted list. Source CTK