Croatian Telecom (Reuters: HT.ZA; Bloomberg: HT CZ), Croatia’s leading telecommunications provider, notifies that based on the Merger Agreement concluded on 29 September 2021 between the company Croatian Telecom Inc. (hereinafter: HT Inc. or the acquiring company) and the company KABELSKO DISTRIBUTIVNI SUSTAV Ltd. (hereinafter: KDS Ltd. or the merged company), and pursuant to the Assembly decision of the merged company on approval of the merger, on 1 December 2021 the merger has been entered into the Court Register of the Commercial Court in Zagreb, by the court decision no.: Tt-21/52762-2, that has been received today by the Company.
By entry of the merger into the Court Register, the merged company KDS Ltd. seized to exist. The acquiring company, HT Inc., became the universal legal successor of the merged company, thus entering into all legal relationships of the merged company.