CEZ Agreed With Dalkia To Exercise Its Option

23. 12. 2011


CEZ has agreed with Dalkia Czech Republic to exercise its option to acquire the remaining 15% in Teplárna Trmice, a. s. (formerly Dalkia Ustí nad Labem), which includes in particular the Trmice heating plant and approximately a 20% stake in Tepelné hospodářství Ústí nad Labem (a local heat management company). CEZ will thus become a 100% owner of the said company. CEZ will acquire the 15% equity stake at the same terms and conditions under which it acquired the 85% majority stake in 2009. The total price paid for 100% of the company’s shares has thus reached CZK 5.7 billion. The transaction was settled without delay. An approval by the anti-trust authority is not required in this case.


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