Press Release
Prague, 10 February 2010 – Some doubts about the former shareholders’ relationship to the Czech Coal Group’s current ownership structure appeared in the press on 8 February 2010, and we are therefore releasing the following statement to prevent any misinterpretation.
Between the former and current shareholders of the Czech Coal Group there exist no contractual or other legal relationships such as would grant the former shareholders any rights to any participation in the Group (whether in terms of authorisations to make decisions or in terms of property-related claims of any kind, including rights of beneficiaries, if any) or rights potentially granted by an option of any form, buyback rights, or rights of first refusal or similar rights, or any opportunity to dispose of any part of a stake in the Czech Coal Group and/or any of its companies. According to information available to us, the same is true for the foreign entities that are shareholders of the Czech Coal Group’s companies in the Czech Republic.
The Czech Coal Group includes Czech Coal a.s., a trader in energy commodities, mainly brown coal, electrical energy and greenhouse gas emissions allowances, and Litvínovská uhelná a.s., which manages the largest coal deposit in the Czech Republic, Vršanská uhelná a.s., whose coal reserves within the mining limits will last until 2058, Czech Coal Services, a.s., which provides shared services to the extraction companies, and a number of other service companies. REN Power CZ, a.s., a major investor in renewable energy sources, and FitCraft Production a.s., a prominent Czech manufacturer of photovoltaic systems, also form a part of the Group.
Contact:
Liběna Novotná
Spokesperson
Czech Coal a.s.
Tel.: +420 476 203 140
GSM: +420 602 230 795
l.novotna@czechcoal.cz
www.czechcoal.cz
Czech Coal Group
E-mail: ccg@czechcoal.cz
Czech Coal a.s.
Evropská 2690/17, 160 00 Prague 6
Tel.: +420 222 183 111
E-mail: info@czechcoal.cz
Residence:
V. Řezáče 315, 434 67 Most
