Note that the agreed purchase price is EUR 5m.

Yesterday, Telekom Slovenije signed a share purchase agreement with TV2 MEDIA CSOPORT ZRT for the sale of all business shares in Planet TV, televizijska dejavnost, which together represent 100% nominal value of company’s share capital.

Note that the agreed purchase price is EUR 5m. The entire transaction will be completed after the fulfilment of all the conditions precedent agreed in the SPA and buyer’s acquisition of the consent of the competent authorities. The transaction is expected to be completed by the end of September 2020.