Sale by Ceconomy of a 9% stake in Metro to EP Global Commerce.

Ceconomy sold a 9% stake in Metro, a Germany-based food services company, to EP Global Commerce. EP Global Commerce II, indirectly wholly owned by entrepreneurs Daniel Kretínský and Patrik Tkáč, signed an agreement with Ceconomy to acquire their approximately 3.6% stake in METRO. In addition, EPGC II has agreed with Ceconomy on an option scheme regarding the acquisition of additional approximately 5.4% of the shares in METRO which is expected to be exercised within nine months.