CEZ - NPF considers reduction of government’s stake in CEZ to 51% and sale of 66% of CEPS

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Investiční bankovnictví KB

      Vice-president of the NPF Pavel Kuta said in an interview with Reuters that the government could consider sale of a 16% stake in CEZ and a 66% stake in CEPS. Sales of these assets could be discussed by the government in the second half of this year.

       The 16% stake in CEZ could be sold on market, the way of sale of CEPS should be decided. The scenario of gradual sale of government’s stake in CEZ is not new, the government earlier mentioned it and it is supported by company’s management. The news is not new for the market and therefore it should have little impact on share price.

      

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