CZG management, majority owner sell 3.65% of firm shares.

Published: 09.05.2022 Related countries:  Czech Republic Czech Republic

Česká zbrojovka Group SE (CZG) have announced the sale of 1.23m of their shares.

Some shareholders of Česká zbrojovka Group SE (CZG) have  announced the sale of 1.23m of their shares, representing a 3.65% share. Of this figure, the highest number of securities will be sold by<the majority owner, CZG Česká zbrojovka Partners SE (550,000;  1.63%).

CEO Jan Drahota offers an additional 300,000 shares (0.89%), while supervisory board chairman Lubomír Kovařík is offering 380,000 shares (1.13%). After the transaction is completed, CZG Česká zbrojovka Partners SE will have a 79.59% share in CZG, Drahota will hold 1.31%, and Kovařík will have a 3.26% share, CZG  announced via the regulator, the Czech National Bank.