Vilja Co. has been put down into the business register of Czech Republic as the majority owner of the company CET 21, the owner of broadcasting licence for TV Nova. CME Media Investments has 100% stake in Vilja Co.
Our view:
This has been only a formal procedure to put all records in line with the real situation, which has already been solved in the past with former owner of CET 21 Vladimir Zelezny. So there are not any unclear stakes in CET 21 at the moment. The news has no trading impact on CME.