Related Party Transaction • Sep 25, 2017
Related Party Transaction
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HANFA- Croatian Financial Services Supervisory Agency 24b Miramarska Street 10000 ZAGREB
Zagreb Stock Exchange 2a Ivana Lučića 10000 ZAGREB
HINA – Croatian News Agency [email protected]
Poreč, 25/9/2017 File no: 17-71/17
Pursuant to Article 459 of the Capital Market Act and Article 2 of the Ordinance on disclosure of privileged information that are directly related to the issuer and determine the issuer's justified interests in terms of non-disclosure, Valamar Riviera d.d with registered office in Poreč, 1 Stancija Kaligari, personal identification number (OIB) 36201212847 (hereinafter: the Company) hereby notifies that the Company concluded legal transactions for the year 2018 with TUI UK Ltd. Reg: 2830117, Fleming Way, Crawley West Sussex RH109, QL, England (hereinafter: TUI UK) related to the provision of hospitality services at the Company's properties of the estimated annual value totaling HRK 80.3 million.
With this business collaboration with TUI UK, the leading tour operator on the European source market, the Company has secured one part of the occupancy at its hotels in the 2018 main season and shoulder season.
Management Board of Valamar Riviera d.d.
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