Cra should change its shares from book to bearer form by the end of January 2005 at the latest. Source: CIA news. This change to Cra shares follows the company's EGM held on Friday (15/10). Shareholders also approved the following: (1) Cra may buy back a maximum of 10% of the total outstanding shares, (2) Cra will not hold these share for more than 1.5 years and (3) the maximum buy-out price would be CZK 440 per share. As expected, Cra's shareholders also approved the de-listing of Cra's shares.
Tomáš Gatěk, Patria Finance