Matav Announces Share Capital Increase.Business Editors BUDAPEST, Hungary--(BUSINESS WIRE)--Aug. 15, 2002 Matav (NYSE NYSE See: New York Stock Exchange :MTA.N and BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :MTAV.BU), the leading Hungarian telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. , hereby announces that the share capital increase of the company - related to the new management share option program launched on July 1, 2002 - has been approved by the Hungarian Financial Supervisory Authority (resolution No. 18276/4/2002 dated July 17, 2002) and registered by the Court of Registry (decree No. 01-10-041928/165 dated August 7, 2002). As a result, the share capital of the company has increased from HUF HUF In currencies, this is the abbreviation for the Hungarian Forint. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 103,791,170,000 to HUF 104,281,170,000 as of August 7, 2002 according to Hungarian Accounting Rules. |
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