February 7, 2017 / 4:22 PM / 8 months ago

BRIEF-PPF says sells 3 percent in O2 Czech Republic

Feb 7 (Reuters) - O2 Czech Republic As

* PPF says sells 3 percent in O2 Czech Republic

* Says shares sold to Belviport Trading

* Says divestment is a one-off decision by the group and it is not currently planning to sell further shares in O2

* PPF says aim is to increase O2 Czech Republic free float

* Says sale will raise free float to 17.4 pct excluding treasury shares; PPF equity stake down to 81.1 pct, voting rights to 82.4 pct

* Belviport Trading is vehicle owned by Czech investor Pavel Tykac, its stake rises to around 3.92 pct Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below