M&A Activity • Dec 4, 2025
M&A Activity
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Home Member State: Croatia LEI: 7478000050A040C0D041
ISIN: HRZB00RA0003
TICKER: ZB
Zagreb Stock Exchange - Official market
Croatian Financial Services Supervisory Agency
Officially appointed mechanism for the central storage of regulated information
Zagreb Stock Exchange, Inc.
Croatian Reporting News Agency
Zagreb, 4 December 2025
SUBJECT: Information of the purchase offer for 100% of shares of Ljubljana Stock Exchange (Inside information)
Zagreb Stock Exchange, Inc. (hereinafter: the Company) with its registered office in Zagreb, Ivana Lučića 2a/22, VAT ID No. (OIB): 84368186611, hereby announces than on December 3, 2025, a takeover offer for 100 % shares of Ljubljana Stock Exchange was received from company Axor Holding seated in Ljubljana, Slovenia.
Considering that od the 1st of August 2025 the Financial Agency (FINA) issued the intent to publish a takeover offer of Zagreb Stock Exchange, Inc., in compliance with the regulatory framework applied to takeover offers in Croatia, Zagreb Stock Exchange may not undertake transactions outside the ordinary course of business, nor act in a manner intended to obstruct or prevent the takeover bid. In light of the foregoing, Zagreb Stock Exchange, Inc. is not in a position to consider the offer in question until the relevant procedure has been completed in accordance with the Takeover Act.


Yours sincerely,
Predsjednica Uprave Član Uprave
Ivana Gažić Tomislav Gračan
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