GTC S.A. (“GTC”) notes the news articles concerning one of GTC’s indirect shareholders, Optima Befektetesi Zrt (“Optima”).
We have no additional information outside of what has been published in the press, and our comments are based on only the information at hand:
- This matter does not directly affect GTC – nor does it relate to any of our group companies or its employees
- GTC is an independent legal entity and does not guarantee or assume any obligations of its shareholders
- None of GTC’s assets have been used as collateral to secure any obligations of Optima
- Optima does not provide any sources of financing to GTC other than the contribution for shares in the share capital which has already been paid up
- We have an independent supervisory board with six of our eight board members (including the Chair) being independent from any shareholder
Following recent disposals, our financial position remaining strong and financial results on our core business in line with prior quarters. We completed an acquisition of a German residential portfolio and we’re in the process of consolidating this into our financial reporting. As a result, we are delaying the publication of our annual report until 29 April 2025 and our first quarter results until 29 May 2025 (in line with the regulatory release published 20 March 2025).