Ladislav Bartoníček Shareholder in PPF Group N.V.
10/25/2007
On October 23, 2007, Ladislav Bartoníček bought from Petr Kellner, majority shareholder and founder of the PPF Group, 0.64 percent of shares in PPF Group N.V. The sale was subsequently approved by all company shareholders in the form of a resolution adopted by the PPF Group N.V. Shareholders Meeting.
PPF Group N.V. now has three owners: Petr Kellner with 94.36 percent of shares, Jiří Šmejc who in 2005 acquired a 5% stake, and newly Ladislav Bartoníček with a 0.64 percent of the stock.
Petr Kellner made the following statement concerning Ladislav Bartoníček’s purchase of shares in PPF Group N.V.: “I’ve known Ladislav Bartoníček for a long time, we have been working hand-in-hand practically since the founding of PPF, and I know I can rely on him. I’m confident that in his new role of an active shareholder, Ladislav Bartoníček will be a big asset for the PPF Group business.”
About his decision to acquire a stake in PPF Group N.V., Ladislav Bartoníček says: “I’ve made an investor decision the soundness of which I’ve no doubt about. I very much appreciate the trust of the current shareholders. I’m looking forward to the opportunity to participate in the decision-making process concerning strategic development and further direction of the PPF Group, now also from the position of a shareholder.”
Notes for editors:
Ladislav Bartoníček (1964), a graduate of the Czech Technical University in Prague , Faculty of Electrical Engineering. He has joined PPF investiční společnost a.s. in 1991 as Executive Director. Mr. Bartoníček was awarded an MBA by the Rochester Institute of Technology, New York , in 1993. From 1996 until 2006, Bartoníček served as Chief Executive Officer of Česká pojišťovna a.s. He has been Chairman of the Board of Česká pojišťovna a.s. since June 2000. Ladislav Bartoníček will be the CEO of planned Generali PPF Holding.
PPF Group N.V. now has three owners: Petr Kellner with 94.36 percent of shares, Jiří Šmejc who in 2005 acquired a 5% stake, and newly Ladislav Bartoníček with a 0.64 percent of the stock.
Petr Kellner made the following statement concerning Ladislav Bartoníček’s purchase of shares in PPF Group N.V.: “I’ve known Ladislav Bartoníček for a long time, we have been working hand-in-hand practically since the founding of PPF, and I know I can rely on him. I’m confident that in his new role of an active shareholder, Ladislav Bartoníček will be a big asset for the PPF Group business.”
About his decision to acquire a stake in PPF Group N.V., Ladislav Bartoníček says: “I’ve made an investor decision the soundness of which I’ve no doubt about. I very much appreciate the trust of the current shareholders. I’m looking forward to the opportunity to participate in the decision-making process concerning strategic development and further direction of the PPF Group, now also from the position of a shareholder.”
Notes for editors:
Ladislav Bartoníček (1964), a graduate of the Czech Technical University in Prague , Faculty of Electrical Engineering. He has joined PPF investiční společnost a.s. in 1991 as Executive Director. Mr. Bartoníček was awarded an MBA by the Rochester Institute of Technology, New York , in 1993. From 1996 until 2006, Bartoníček served as Chief Executive Officer of Česká pojišťovna a.s. He has been Chairman of the Board of Česká pojišťovna a.s. since June 2000. Ladislav Bartoníček will be the CEO of planned Generali PPF Holding.