Court returns control of PTC shares to ET from Elektrim

The change in the entry was the result of the verdict of the Arbitration Court in Vienna from 2004. Now the KRS will have to once again examine the motion submitted in February by the new members of the board, requesting the change in the Register entry. Most probably PTC will soon see the return of its former management board composed of Ryszard Pospieszyński, Jonathan Eastick, Wilhelm Stuckemann, and Martin Schneider. The latest decision of the court does not mean the end of the conflict between ET (controlled by Vivendi Universal) and Elektrim. (Parkiet, p. 3; Rzeczpospolita, August 27-28, p. B2) A.F.