Pen\u00edze z prodeje men\u0161inov\u00e9ho pod\u00edlu DSZS by m\u011bly n\u00e1sledn\u011b j\u00edt na v\u00fdkup akci\u00ed \u010cEZ od soukrom\u00fdch dr\u017eitel\u016f, co\u017e by vedlo k zest\u00e1tn\u011bn\u00ed v\u00fdrobn\u00ed \u010d\u00e1sti spole\u010dnosti.\u00a0<\/p>\n
\u201eJe to jeden z t\u011bch sc\u00e9n\u00e1\u0159\u016f, jak\u00fdm zp\u016fsobem nab\u00fdt plnou kontrolu nad v\u00fdrobn\u00ed \u010d\u00e1st\u00ed \u010cEZ. Firma si vytvo\u0159\u00ed solidn\u00ed cash flow, aby v\u00fdkup mohla zrealizovat. Jin\u00fdmi slovy \u010cEZ na tom nebude tratn\u00fd, jako kdyby do toho \u0161el stoprocentn\u011b s plnou poln\u00ed, to znamen\u00e1 v\u010detn\u011b t\u011bch obchodn\u00edch nebo distribu\u010dn\u00edch spole\u010dnost\u00ed. A nijak se t\u00edm neohro\u017euje energetick\u00e1 bezpe\u010dnost, proto\u017ee nap\u0159\u00edklad \u010cEZ Distribuce je firma, kter\u00e1 je v\u00edcem\u00e9n\u011b regulovan\u00fdm subjektem a na n\u011bkolik let dop\u0159edu se j\u00ed jasn\u011b nastavuj\u00ed ceny,\u201c citoval minul\u00fd t\u00fdden iRozhlas<\/a>\u00a0ministra pr\u016fmyslu a obchodu Karla Havl\u00ed\u010dka (ANO), kter\u00fd podle sv\u00fdch slov takov\u00fd krok podporuje.\u00a0<\/p>\n O odkupu nem\u00e1 rozhodnout koresponden\u010dn\u00ed hlasov\u00e1n\u00ed<\/p>\n Valn\u00e1 hromada tak\u00e9 projedn\u00e1v\u00e1 zm\u011bnu stanov, kter\u00e1 podle jednoho z nejviditeln\u011bj\u0161\u00edch minoritn\u00edch akcion\u00e1\u0159\u016f Michala \u0160nobra<\/a>\u00a0p\u0159in\u00e1\u0161\u00ed podstatnou zm\u011bnu. Konkr\u00e9tn\u011b mo\u017enost rozhodnout prostou v\u011bt\u0161inou akcion\u00e1\u0159\u016f o schv\u00e1len\u00ed zp\u011btn\u00e9ho odkupu akci\u00ed metodou per rollam, tedy koresponden\u010dn\u011b na d\u00e1lku.\u00a0<\/p>\n \u201eNelze vylou\u010dit, \u017ee leto\u0161n\u00ed valn\u00e1 hromada \u010cEZ m\u016f\u017ee b\u00fdt pro akcion\u00e1\u0159e tou posledn\u00ed, kter\u00e9 se budou moci osobn\u011b \u00fa\u010dastnit,\u201c uva\u017euje na s\u00edti X \u0160nobr. \u201eNa leto\u0161n\u00ed valn\u00e9 hromad\u011b budeme jako men\u0161inov\u00ed akcion\u00e1\u0159i apelovat na p\u0159edstavenstvo, aby bylo ohledn\u011b sv\u00e9 vlastn\u00ed restrukturalizace<\/a>\u00a0a zp\u011btn\u00e9ho odkupu sv\u00fdch akci\u00ed mnohem konkr\u00e9tn\u011bj\u0161\u00ed ne\u017e doposud. Jde o z\u00e1sadn\u00ed kurzotvorn\u00e9 informace a jen maxim\u00e1ln\u00ed otev\u0159enost p\u0159edstavenstva \u010cEZ zajist\u00ed f\u00e9rov\u00e9 prost\u0159ed\u00ed pro v\u0161echny,\u201c deklaroval v ned\u011bli \u0160nobr odhodl\u00e1n\u00ed vyu\u017e\u00edt pr\u00e1va minoritn\u00edch akcion\u00e1\u0159\u016f pokl\u00e1dat na valn\u00e9 hromad\u011b dotazy p\u0159edstavenstvu spole\u010dnosti.\u00a0<\/p>\n Z\u00e1rove\u0148 t\u00edm upozornil na skute\u010dnost, \u017ee strategick\u00e9mu pl\u00e1nu rozd\u011blen\u00ed a n\u00e1sledn\u00e9ho p\u0159\u00edpadn\u00e9ho zest\u00e1tn\u011bn\u00ed \u010cEZ je\u0161t\u011b chyb\u011bj\u00ed n\u011bkter\u00e9 podrobnosti. \u201ePodstatou je nyn\u00ed se p\u0159edstavenstva pt\u00e1t, jak budou pr\u016fb\u011b\u017en\u00e9 informace z cel\u00e9ho procesu distribuov\u00e1ny mezi akcion\u00e1\u0159e, jak\u00fd je harmonogram, jak\u00e1 se o\u010dek\u00e1vaj\u00ed ocen\u011bn\u00ed, jak\u00fd je podrobn\u011bj\u0161\u00ed pl\u00e1n p\u0159edstavenstva naplnit programov\u00e9 prohl\u00e1\u0161en\u00ed vl\u00e1dy sm\u011brem k zest\u00e1tn\u011bn\u00ed \u010cEZ,\u201c shrnul \u0160nobr.\u00a0<\/p>\n Kdo chce do dozor\u010d\u00ed rady \u010cEZ?<\/p>\n Na programu je tak\u00e9 obm\u011bna dozor\u010d\u00ed rady. Ministerstvo financ\u00ed\u00a0zve\u0159ejnilo\u00a0<\/a>prvn\u00edch p\u011bt nominac\u00ed nov\u00fdch \u010dlen\u016f:<\/p>\n Radim Fiala, m\u00edstop\u0159edseda hnut\u00ed SPDKarel Tyll, vrchn\u00ed \u0159editel rozpo\u010dtov\u00e9 sekce na ministerstvu financ\u00edPetr Bej\u010dek, vrchn\u00ed \u0159editel pr\u00e1vn\u00ed sekce na ministerstvu financ\u00edVladislav Smr\u017e, n\u00e1m\u011bstek ministra \u017eivotn\u00edho prost\u0159ed\u00edJosef Kotrba, v\u00fdkonn\u00fd \u0159editel Svazu energetiky \u010cR<\/p>\n Ministerstvo financ\u00ed m\u00e1 nominovat celkem osm \u010dlen\u016f dozor\u010d\u00ed rady. Zb\u00fdvaj\u00edc\u00ed \u010dty\u0159ku zvol\u00ed zam\u011bstnanci \u010cEZ.<\/p>\n Mo\u017enost, \u017ee dal\u0161\u00ed valn\u00e9 hromady u\u017e v sou\u010dasn\u00e9m form\u00e1tu neprob\u011bhnou, ale do s\u00e1lu Kongresov\u00e9ho centra p\u0159ivedla n\u011bkter\u00e9 i dosud pasivn\u00ed akcion\u00e1\u0159e. \u201eCht\u011bl jsem tu akci aspo\u0148 jednou v \u017eivot\u011b za\u017e\u00edt, dokud je ta mo\u017enost. Valn\u00e1 hromada na mne v\u0161ak zat\u00edm p\u016fsob\u00ed dojmem, \u017ee firma p\u0159\u00edtomnost men\u0161inov\u00fdch akcion\u00e1\u0159\u016f jen ti\u0161e trp\u00ed,\u201c komentuje pr\u016fb\u011bh shrom\u00e1\u017ed\u011bn\u00ed a p\u0159\u00edsn\u00e9 kontroly u vstup\u016f student financ\u00ed Tade\u00e1\u0161 Nov\u00e1k.<\/p>\n \u201eZ\u00e1m\u011bru firmu zest\u00e1tnit v z\u00e1sad\u011b rozum\u00edm, d\u00e1valo by to smysl v souvislosti s v\u00fdstavbou dal\u0161\u00edch jadern\u00fdch blok\u016f. Sv\u00e9 akcie \u010cEZ bych nem\u011bl probl\u00e9m prodat s dvacetiprocentn\u00ed pr\u00e9mi\u00ed v\u016f\u010di tr\u017en\u00ed cen\u011b. Ob\u00e1v\u00e1m se ale politick\u00e9ho rizika, t\u011b\u017eko se mi po zku\u0161enostech s windfall tax v minul\u00fdch letech v\u011b\u0159\u00ed, \u017ee by cel\u00e1 operace d\u011blen\u00ed a p\u0159\u00edpadn\u00e9ho zest\u00e1tn\u011bn\u00ed \u010cEZ prob\u011bhla f\u00e9rov\u00fdm a nepr\u016fst\u0159eln\u00fdm zp\u016fsobem,\u201c m\u00edn\u00ed Nov\u00e1k navzdory tomu, \u017ee by v opa\u010dn\u00e9m p\u0159\u00edpad\u011b na sebe p\u0159edstavenstvo firmy a st\u00e1t braly riziko \u017ealob. V pozdn\u00edm pr\u016fb\u011bhu valn\u00e9 hromady ale dalo p\u0159edstavenstvo najevo, \u017ee nep\u0159edpokl\u00e1d\u00e1 hlasov\u00e1n\u00ed o citliv\u00e9 v\u011bci typu odkupu akci\u00ed korespondnen\u010dn\u00ed metodou.<\/p>\n Rozd\u011blen\u00ed firmy<\/p>\n N\u00e1vrh na vznik nov\u00e9 dce\u0159in\u00e9 spole\u010dnosti p\u0159edstavilo veden\u00ed \u010cEZ v dubnu<\/a>.\u00a0Ze sou\u010dasn\u00e9 struktury do n\u00ed chce vy\u010dlenit prodej a distribuci energi\u00ed, obchodov\u00e1n\u00ed nebo energetick\u00e9 slu\u017eby. \u0160lo by tak nap\u0159\u00edklad o \u010cEZ Prodej, \u010cEZ Distribuce, GasNet, \u010cEZ ESCO, firmy z tradingu nebo telekomunika\u010dn\u00ed Telco Pro Services.\u00a0<\/p>\n Spole\u010dnost by si v nov\u00e9 dce\u0159in\u00e9 firm\u011b m\u011bla podle n\u00e1vrhu ponechat 51procentn\u00ed pod\u00edl, zbylou \u010d\u00e1st by nab\u00eddla investor\u016fm. V p\u0159\u00edpad\u011b, \u017ee valn\u00e1 hromada n\u00e1vrh schv\u00e1l\u00ed, chce p\u0159edstavenstvo cel\u00fd proces okam\u017eit\u011b zah\u00e1jit, nov\u00e1 firma by n\u00e1sledn\u011b m\u011bla vzniknout do konce prvn\u00edho \u010dtvrtlet\u00ed 2027.\u00a0<\/p>\n VIDEO:Zest\u00e1tn\u011bn\u00ed \u010cEZ energie nikomu nezlevn\u00ed, \u0159ekl \u0161\u00e9f pra\u017esk\u00e9 burzy Petr Koblic v po\u0159aduFLOW<\/a>:\u00a0<\/p>\n \n\t\t\t\tFLOW: Vyhodit miliardy a ovl\u00e1dnout u\u017e ovl\u00e1dan\u00e9 je zbyte\u010dn\u00e9, \u0159\u00edk\u00e1 k zest\u00e1tn\u011bn\u00ed \u010cEZ Petr Koblic \u2022 e15\n\t\t\t<\/p>\n P\u0159ipravovan\u00e9 zm\u011bny ve skupin\u011b \u010cEZ s p\u0159\u00edpadn\u00fdm zest\u00e1tn\u011bn\u00edm by se tak\u00e9 p\u0159\u00edmo t\u00fdkaly i jedn\u011bch z nejv\u00fdznamn\u011bj\u0161\u00edch \u010desk\u00fdch kapitalist\u016f. Po st\u00e1tu je druh\u00fdm nejv\u011bt\u0161\u00edm akcion\u00e1\u0159em v \u010cEZ spole\u010dnost Belviport Trading Limited uhlobarona Pavla Tyka\u010de<\/a>, jej\u00ed pod\u00edl p\u0159evy\u0161uje t\u0159i procenta.<\/p>\n","protected":false},"excerpt":{"rendered":"\u00da\u010dast na valn\u00e9 hromad\u011b \u010cEZ je vy\u0161\u0161\u00ed ne\u017e loni. Na jej\u00edm za\u010d\u00e1tku bylo p\u0159\u00edtomno 480 akcion\u00e1\u0159\u016f, loni jich…\n","protected":false},"author":2,"featured_media":104158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[412,67,68,702,30583,10204,27505,150,11674,27503,30584,706],"class_list":["post-104157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-akcie","tag-business","tag-byznys","tag-cez","tag-cez-distribuce","tag-daniel-benes","tag-dszs","tag-energetika","tag-kongresove-centrum-praha","tag-michal-snobr","tag-valna-hromada-2026","tag-zestatneni"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116676156745059103","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/104157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=104157"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/104157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/104158"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=104157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=104157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=104157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Video](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/04\/1777126075_986_retina.jpg\")
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