{"id":4487,"date":"2024-11-13T10:53:22","date_gmt":"2024-11-13T09:53:22","guid":{"rendered":"https:\/\/dolezalpartners.com\/?p=4487"},"modified":"2024-11-18T10:54:57","modified_gmt":"2024-11-18T09:54:57","slug":"k-povinnosti-poptavat-odkoupeni-ucastnickych-cennych-papiru-formou-verejneho-navrhu-smlouvy","status":"publish","type":"post","link":"https:\/\/dolezalpartners.com\/sk\/k-povinnosti-poptavat-odkoupeni-ucastnickych-cennych-papiru-formou-verejneho-navrhu-smlouvy\/","title":{"rendered":"K povinnosti popt\u00e1vat odkoupen\u00ed \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f formou ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy"},"content":{"rendered":"\n<p><strong>Pr\u00e1vn\u00ed \u00faprava ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy se zam\u011b\u0159uje p\u0159edev\u0161\u00edm na ochranu z\u00e1jm\u016f vlastn\u00edk\u016f \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f. P\u0159i popt\u00e1vce po t\u011bchto cenn\u00fdch pap\u00edrech se nesm\u00ed z\u00e1jemce na vlastn\u00edky obracet nap\u0159\u00edmo, n\u00fdbr\u017e prost\u0159ednictv\u00edm ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy, aby t\u00edmto byly zachov\u00e1ny rovn\u00e9 podm\u00ednky odkupu pro v\u0161echny vlastn\u00edky. Tento \u010dl\u00e1nek vymez\u00ed v\u00fdjimky z tohoto z\u00e1kazu, tedy situace, kdy je povoleno oslovit vlastn\u00edky \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f nap\u0159\u00edmo, tj. bez nutnosti takto u\u010dinit formou ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy podle \u00a7 322 a n\u00e1sl. z\u00e1kona \u010d. 90\/2012 Sb., o obchodn\u00edch spole\u010dnostech a dru\u017estvech (z\u00e1kon o obchodn\u00edch korporac\u00edch), ve zn\u011bn\u00ed pozd\u011bj\u0161\u00edch p\u0159edpis\u016f (d\u00e1le tak\u00e9 jako \u201eZOK\u201c).<\/strong><\/p>\n\n\n\n<p><strong>Obecn\u011b k&nbsp;ve\u0159ejn\u00e9mu n\u00e1vrhu smlouvy<\/strong><\/p>\n\n\n\n<p>V&nbsp;obecn\u00e9 z\u00e1konn\u00e9 rovin\u011b je n\u00e1vrh na uzav\u0159en\u00ed smlouvy obsa\u017een v \u00a7 1731 a n\u00e1sl. z\u00e1kona \u010d. 89\/2012 Sb., ob\u010dansk\u00fd z\u00e1kon\u00edk, ve zn\u011bn\u00ed pozd\u011bj\u0161\u00edch p\u0159edpis\u016f. \u00dapravu ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy podle \u00a7 322 a n\u00e1sl. ZOK je v&nbsp;jist\u00e9 m\u00ed\u0159e nutn\u00e9 vn\u00edmat tak\u00e9 jako \u00fapravu obecnou, p\u0159edev\u0161\u00edm ve vztahu k&nbsp;obdobn\u00fdm institut\u016fm obchodn\u00edho pr\u00e1va.<\/p>\n\n\n\n<p>Ve\u0159ejn\u00fd n\u00e1vrh smlouvy ve smyslu \u00a7 322 a n\u00e1sl. ZOK je v\u0161ak pot\u0159eba ch\u00e1pat jako popt\u00e1vku, nikoliv jako nab\u00eddku v&nbsp;tradi\u010dn\u00edm slova smyslu. Z\u00e1jemce o koupi zde prost\u0159ednictv\u00edm ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy popt\u00e1v\u00e1 odkup \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f. Tyto cenn\u00e9 pap\u00edry tedy nenab\u00edz\u00ed k prodeji, n\u00fdbr\u017e popt\u00e1v\u00e1 jejich odkup.<\/p>\n\n\n\n<p><strong>V\u00fdjimky z&nbsp;povinnosti popt\u00e1vat \u00fa\u010dastnick\u00e9 cenn\u00e9 pap\u00edry prost\u0159ednictv\u00edm ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy<\/strong><\/p>\n\n\n\n<p>Z\u00e1jemce o koupi&nbsp;<strong>nen\u00ed povinen<\/strong>&nbsp;popt\u00e1vat \u00fa\u010dastnick\u00e9 cenn\u00e9 pap\u00edry prost\u0159ednictv\u00edm ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy p\u0159i spln\u011bn\u00ed podm\u00ednek stanoven\u00fdch v \u00a7 322 odst. 2 ZOK. Z\u00e1jemce&nbsp;<strong>m\u016f\u017ee jejich vlastn\u00edky oslovit nap\u0159\u00edmo<\/strong>, pakli\u017ee je jeho n\u00e1vrh na odkup:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>adresov\u00e1n m\u00e9n\u011b ne\u017e 100 osob\u00e1m<\/strong>\u00a0(\u00a7 322 odst. 2 p\u00edsm. a) ZOK), p\u0159i\u010dem\u017e lze\u00a0<em>per analogiam<\/em> dovodit z \u00a7 322 odst. 3 ZOK, \u017ee podm\u00ednka neoslovit v\u00edce ne\u017e 100 osob plat\u00ed v obdob\u00ed 12 po sob\u011b jdouc\u00edch m\u011bs\u00edc\u016f;<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>a sou\u010dasn\u011b<strong> souhrnn\u00e1 hodnota<\/strong> popt\u00e1van\u00fdch \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f <strong>nep\u0159esahuje 1 % z\u00e1kladn\u00edho kapit\u00e1lu<\/strong> c\u00edlov\u00e9 spole\u010dnosti (\u00a7 322 odst. 2 p\u00edsm. b) ZOK);<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>anebo pokud jsou tyto \u00fa\u010dastnick\u00e9 cenn\u00e9 pap\u00edry obchodov\u00e1ny\u00a0<strong>v\u00fdlu\u010dn\u011b na evropsk\u00e9m regulovan\u00e9m trhu<\/strong>\u00a0(\u00a7 322 odst. 2 p\u00edsm. c) ZOK).<\/li>\n<\/ol>\n\n\n\n<p><strong>Limit popt\u00e1vky<\/strong> na odkup \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f&nbsp;<strong>m\u016f\u017ee b\u00fdt nav\u00fd\u0161en<\/strong>, pokud <strong>stanovy<\/strong> c\u00edlov\u00e9 spole\u010dnosti umo\u017e\u0148uj\u00ed p\u0159\u00edm\u00e9 osloven\u00ed vlastn\u00edk\u016f t\u011bchto cenn\u00fdch pap\u00edr\u016f b\u011bhem obdob\u00ed 12 po sob\u011b jdouc\u00edch m\u011bs\u00edc\u016f. Toto zv\u00fd\u0161en\u00ed je v\u0161ak omezeno t\u00edm, \u017ee hodnota popt\u00e1van\u00fdch cenn\u00fdch pap\u00edr\u016f nesm\u00ed v dan\u00e9m obdob\u00ed p\u0159ekro\u010dit&nbsp;<strong>5 % z\u00e1kladn\u00edho kapit\u00e1lu<\/strong>&nbsp;spole\u010dnosti, jak stanov\u00ed \u00a7 322 odst. 3 ZOK.<\/p>\n\n\n\n<p>Je nutn\u00e9 tak\u00e9 podotknout, \u017ee podle \u00a7 276 a n\u00e1sl. ZOK je mo\u017en\u00e9 emitovat r\u016fzn\u00e9 druhy akci\u00ed, v\u010detn\u011b t\u011bch, kter\u00e9 disponuj\u00ed zvl\u00e1\u0161tn\u00edmi pr\u00e1vy. Tyto akcie mohou zahrnovat i v\u00fdrazn\u011b&nbsp;<strong>vy\u0161\u0161\u00ed \u00fa\u010dast na hlasovac\u00edch pr\u00e1vech<\/strong>&nbsp;v&nbsp;c\u00edlov\u00e9 spole\u010dnosti. Je tud\u00ed\u017e teoreticky mo\u017en\u00e9, \u017ee souhrnn\u00e1 jmenovit\u00e1 hodnota popt\u00e1van\u00fdch akci\u00ed sice nep\u0159esahuje&nbsp;<strong>1 % z\u00e1kladn\u00edho kapit\u00e1lu<\/strong>, av\u0161ak osoba vlastn\u00edc\u00ed tyto akcie spole\u010dnost prost\u0159ednictv\u00edm hlasovac\u00edch pr\u00e1v&nbsp;<em>de facto<\/em>&nbsp;ovl\u00e1d\u00e1.<\/p>\n\n\n\n<p><strong>D\u016fsledky nedodr\u017een\u00ed povinnosti popt\u00e1vat odkup \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f formou ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy<\/strong><\/p>\n\n\n\n<p>Pokud by do\u0161lo k uzav\u0159en\u00ed kupn\u00ed smlouvy mezi z\u00e1jemcem a vlastn\u00edkem na p\u0159evod \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f i p\u0159esto, \u017ee m\u011blo b\u00fdt v&nbsp;tomto p\u0159\u00edpad\u011b postupov\u00e1no podle \u00a7 322 a n\u00e1sl. ZOK, tj. z\u00e1jemce m\u011bl u\u010dinit ve\u0159ejn\u00fd n\u00e1vrh smlouvy na koupi t\u011bchto popt\u00e1van\u00fdch \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f,&nbsp;<strong>nemus\u00ed to nutn\u011b znamenat neplatnost<\/strong>&nbsp;takov\u00e9 smlouvy. V&nbsp;tomto p\u0159\u00edpad\u011b m\u016f\u017ee nabyvatel zhojit sv\u00e9 jedn\u00e1n\u00ed t\u00edm, \u017ee nab\u00eddne odkup cenn\u00fdch pap\u00edr\u016f ostatn\u00edm vlastn\u00edk\u016fm za stejn\u00fdch podm\u00ednek. Neplatn\u00e9 jsou naopak takov\u00e9 kupn\u00ed smlouvy, kdy vlastn\u00edci cenn\u00fdch pap\u00edr\u016f m\u011bli&nbsp;<strong>v&nbsp;\u00famyslu v\u011bdom\u011b po\u0161kodit<\/strong>&nbsp;ostatn\u00ed vlastn\u00edky \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f.<\/p>\n\n\n\n<p>Pokra\u010dujte ve&nbsp;\u010dten\u00ed na: <a href=\"https:\/\/www.epravo.cz\/top\/clanky\/k-povinnosti-poptavat-odkoupeni-ucastnickych-cennych-papiru-formou-verejneho-navrhu-smlouvy-118766.html\">https:\/\/www.epravo.cz\/top\/clanky\/k-povinnosti-poptavat-odkoupeni-ucastnickych-cennych-papiru-formou-verejneho-navrhu-smlouvy-118766.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pr\u00e1vn\u00ed \u00faprava ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy se zam\u011b\u0159uje p\u0159edev\u0161\u00edm na ochranu z\u00e1jm\u016f vlastn\u00edk\u016f \u00fa\u010dastnick\u00fdch cenn\u00fdch pap\u00edr\u016f. P\u0159i popt\u00e1vce po t\u011bchto cenn\u00fdch pap\u00edrech se nesm\u00ed z\u00e1jemce na vlastn\u00edky obracet nap\u0159\u00edmo, n\u00fdbr\u017e prost\u0159ednictv\u00edm ve\u0159ejn\u00e9ho n\u00e1vrhu smlouvy, aby t\u00edmto byly zachov\u00e1ny rovn\u00e9 podm\u00ednky odkupu pro v\u0161echny vlastn\u00edky. Tento \u010dl\u00e1nek vymez\u00ed v\u00fdjimky z tohoto z\u00e1kazu, tedy situace, kdy je povoleno [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-4487","post","type-post","status-publish","format-standard","hentry","category-uncategorized-sk"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/posts\/4487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/comments?post=4487"}],"version-history":[{"count":1,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/posts\/4487\/revisions"}],"predecessor-version":[{"id":4488,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/posts\/4487\/revisions\/4488"}],"wp:attachment":[{"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/media?parent=4487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/categories?post=4487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dolezalpartners.com\/sk\/wp-json\/wp\/v2\/tags?post=4487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}