Investor’s Guide to the Proposed Company Transformation Act and Its Impact on ČEZ Shares and the Prague Stock Exchange

The government’s proposal for the Company Transformation Act, dubbed Lex ČEZ II, shook investors. To its creators, it is presented as a harmonization of legislation and not aimed at a specific company, but in the mainstream view of the capital market, it is seen as a rough opening of the way to an easier full nationalization of at least a part of the domestic ČEZ energy industry. We will try to approach the topic of the key share of the Prague Stock Exchange, which is held for a long time by many institutional investors, but also small investors mainly for the dividend, in a comprehensive and emotionless way. What do we know about the upcoming standard? In what form can the division of ČEZ take place and what would that mean for investors? Can the standard be used for other domestic market shares and in what form? What are other long-term attractive investments on the Czech and foreign markets, not only in terms of energy and dividends? In short, where to invest if it were not in ČEZ as we know it on the stock exchange today? These questions form the central theme of the Patria Finance online conference on Wednesday, June 7, 2023 from 3:00 p.m. Don’t hesitate sign up for free and online now! Who and what can you look forward to?

The first block of the online conference will be a series of talks that he will lead Josef Němeček, head of the Patria.cz investment portal. We will initially focus on Patria’s analysis of the ČEZ title, the motives for the target price, the results of the first quarter and the nascent legislation s Cuong Manh Le, analytikem Patria Finance. We will discuss the possible events surrounding ČEZ from a transactional point of view with Petr Dědeček, Executive Director of Patria Corporate Finance. Our invitation was accepted by the most prominent representatives of minority shareholders and an energy expert Michal Šnobrinvestors I do Dohnl a Jaroslav Šura.

In the second block under the baton of chief analyst Tomáš Vlk traditionally, we will shift to specific investment opportunities. The future of ČEZ is key for the entire Prague Stock Exchange, which we will analyze with analyst Michal Křikava. We will expand our investment horizons to the American and Western European markets with seniors by analyst Branislav Soták. At the end of the entire online conference, all speaking Patria Finance analysts will be available for your questions.

Don’t hesitate sign up for free and online now!

We look forward to seeing you at the online conference:

Cuong Manh Le

He is an equity analyst at Patria Finance. Among other things, it focuses on the energy sector, analytically covering CEZ shares.

Petr Dedecek

As a member of the Board of Directors and Executive Director, he is responsible for managing the Patria Corporate Finance team and the most important projects. Petr has over 23 years of experience in corporate finance and capital markets. His most significant transactions include: advising the consortium of infrastructure funds Borealis Infrastructure and Allianz Capital Partners on the acquisition of Net4Gas, advising ČEZ on numerous transactions and projects in the CEE region, advising the Infracapital fund on the acquisition of the heating company GGE, advising on the refinancing of Leo Express and consulting in the framework of the acquisition of a minority stake in the company FlixBus, etc. Petr also participated in the preparation of many awards and so-called fairness opinions for local and regional clients. In 2020/19, Petr managed the sale of Conectart, a portfolio of Czech and Slovak solar parks and Příbramská teplarenská.

Michal Šnobr

Since 1998, he has been an advisor to the J&T financial group for energy. He is an active investor, a minority shareholder of ČEZ and has long been involved in important energy deals of the J&T group. It has been operating on the capital market since the second wave of coupon privatization. He co-founded the successful brokerage company Akro Capital, in addition to investing and energy, he is also involved in business in tourism through Amenity Resorts, real estate management and agriculture. He is a member of Mensa CR.

Glad I caught up

In the years 2005 to 2007 he was part of the management of RM-SYSTÉM, in the years 2007-2014 he was responsible for business in CEE SaxoBank. Since 2015, he has been advising on mergers and acquisitions. He bought ČEZ shares for the first time in September 2001 and has held them alternately since then. He was a member of the former KORONERV-20 advisory board. He believes that capitalism needs not only stable and affordable energy supplies, but also a free and open society.

Jaroslav Šura

A bit of an economist – Ph.D., a bit of a chess player – KM, a bit of a stock marketer – ML (broker’s license). Investor and stock speculator. Minority shareholder of several e-commerce companies, including Pilulka.

Josef Nemeček

He graduated from the University of Economics in Prague with a focus on financial markets, banking and economic policy, specializing in the analysis of data from the economy through financial markets. Already during his studies, he was responsible for news from the financial markets within Hospodářské noviny, led PR and promotion in the area of ​​government export support, was responsible for Business Development in a leading domestic consulting group, devoted himself to his own projects in the field of PR, participated in the start-up and development of domestic fintech group and its investment portal. At Patria Finance, he is responsible for managing the Patria.cz portal and selected PR and marketing activities.

Tomáš Vlk

He has been working in the Patria Group since 2004. As a chief analyst, he leads an analytical team that focuses on stocks in the USA, Western Europe and the Czech Republic. Within it, it focuses mainly on investment strategies and the market environment from a macro perspective. Before that, he worked as a macroeconomic analyst at Patria. Tomáš Vlk studied economics with a specialization in financial markets and banking at the Institute of Economic Studies, Faculty of Social Sciences, Charles University.

Michal Křikava

He graduated with a master’s degree in Finance with a minor in business valuation at the University of Economics in Prague. He joined Patria in 2021 as an equity analyst in the Research department. It focuses primarily on the financial sector within the CEE region.

Branislav Soták

He has been working in the Patria Group since 2004. As a chief analyst, he leads an analytical team that focuses on stocks in the USA, Western Europe and the Czech Republic. Within it, it focuses mainly on investment strategies and the market environment from a macro perspective.

Notice for investors:
The above communication is not investment advice or investment recommendation, it does not take into account the knowledge, experience in the field of investing in investment instruments or the financial situation of the investor, his goals or attitude to risk.

This announcement is not an offer pursuant to § 1732 of Act No. 89/2012 Coll., Civil Code, as amended (hereinafter referred to as the “Civil Code”) or a public offer pursuant to § 1780 of the Civil Code.

The value, price or income from investment instruments may change or be affected by exchange rate movements. As a result of these changes, the value of an investment in investment instruments may depreciate. The return on investment is not always certain, every investment involves risk. High yield represents higher risk, low yield is not always a guarantee of lower risk. Successful investments in the past do not indicate or guarantee favorable results in the future.