Jadran d.d. — Director's Dealing 2018

Oct 16, 2018

JADRAN D.D. ISIN: HRJDRNRB0002 Security: JDRN-R-B

CROATIAN FINANCIAL SERVICES SUPERVISORY AGENCY Miramarska 24 b 10 000 Zagreb

ZAGREB STOCK EXCHANGE d.d. Ivana Lučića 2a 10 000 Zagreb

Croatian News Agency (HINA - OTS)

In Crikvenica, 15 October 2018

SUBJECT: Acquisition of JADRAN d.d. shares – Notice

Pursuant to Article 19 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation), JADRAN d.d. (hereinafter: Issuer) hereby notifies that PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management informed the Issuer that it has acquired the shares of the Issuer, in its own name and on behalf of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – categories A and B, on 12 October 2018.

This Notice is provided due to the fact that Mr. Ante Jelčić, employee of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, also holds the position of the Member of the Supervisory Board of JADRAN d.d., with a registered office in Crikvenica, Bana Jelačića 16, PIN (OIB): 56994999963.

Information on the transactions are stated in accordance with the template for the notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and received templates are enclosed herein.

Sincerely, Jadran d.d.

Jadran d.d. for Hotel Management and Tourism, Bana Jelačića 16, HR-51260 Crikvenica | www.jadran-crikvenica.hr

Management Board: Phone: +385 (0)51 241 222 Fax: +385 (0)51 241 632 Email: uprava@jadrancrikvenica.hr

Marketing: Phone: +385 (0)51 241 970 Fax: +385 (0)51 241 975 Email: marketing@jadrancrikvenica.hr

Personal Identification Number (OIB): 56994999963 Privredna banka d.d. 2340009-1110722690 IBAN: HR4323400091110722690 SWIFT: PBZGHR2X

The share capital amounts to HRK 482,507,730.00 paid in full divided into 27,971,463 ordinary shares without a nominal amount. The Company is registered in the Court Register of the Commercial Court in Rijeka under MBS: 040000817. President of the Management Board: Goran Fabris, Member of the Management Board: Karlo Čulo, President of the Supervisory Board: Tomislav Kitonić

Zagreb, 12 October 2018 Number: 209 /18/KR

Jadran d.d. for Hotel Management and Tourism Bana Jelačića 16 51260 Crikvenica

Croatian Financial Services Supervisory Agency Miramarska 24 b 10 000 Zagreb

Subject: Acquisition of shares of Jadran d.d. for Hotel Management and Tourism by the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – Category A

Pursuant to Article 19 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse (Market Abuse Regulation), and due to the fact that Mr. Ante Jelčić is an employee of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, and also holds the position of the Member of the Supervisory Board of JADRAN d.d., we hereby inform you that PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management has acquired the shares of Jadran d.d. for Hotel Management and Tourism, in its own name and on behalf of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – Category A, on 12 October 2018.

Transaction information is stated in accordance with the Implementing Regulation No 2016/523, in a template for the notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	PBZ CROATIA OSIGURANJE Compulsory Pension Fund – Category A
2.	Reason for the notification
(a)	Position/status	Ante Jelčić is a Member of the Supervisory Board of Jadran d.d. for Hotel Management and Tourism and also an employee of PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management
(b)	Initial notification/Amendment	Initial notification
3.	Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Jadran d.d. for Hotel Management and Tourism

I.

PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, seated in Zagreb, Radnička cesta 44, Company Identification Number (• OIB:): 20455535575 • Free Info Phone: 0800 44 55 44 • Phone: 01/6363-700, Fax: 01/6363-703 • The company is entered into the Register of the Commercial Court in Zagreb under registration number (MBS): 080406469 • Company bank account is held at PBZ d.d. in Zagreb, IBAN: HR02234000911'2710646 • The share capital amounts to HRK 56,000,000 paid in full • Total number of shares is 56,000, each share has a nominal value of HRK 1,000 • Dubravko Štimac, President of the Management Board • Renata Kašnjar-Putar, Member of the Management Board

(b)	LEI	74780030Q33IX8LEE969
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction have been conducted
(a)	Description of the financial instrument, type of instrument Identification code	− − −	Shares of Jadran d.d. for Hotel Management and Tourism Designation: JDRN-R-B - ISIN: HRJDRNRB0002
(b)	Nature of the transaction	-	Acquisition of shares as a result of an increase of share capital and issuance of new shares of Jadran d.d. for Hotel Management and Tourism
(c)	Price(s) and volume(s)	Date(s) 12/10/2018	Price(s) 17.25	Volume(s) 35,230
(d)	Aggregated information
	- Aggregated volume - Price	- - transactions)	Aggregated volume: 35,230 shares Price: HRK 17.25 (average weighted price of aggregate
(e)	Date of transaction:	12/10/2018
(f)	Place of transaction	Zagreb Stock Exchange d.d.

Sincerely,

Member of the Management Board

Renata Kašnjar-Putar

President of the Management Board:

Dubravko Štimac

Zagreb, 12 October 2018 Number: 210 /18/KR

Jadran d.d. for Hotel Management and Tourism Bana Jelačića 16 51260 Crikvenica

Croatian Financial Services Supervisory Agency Miramarska 24 b 10 000 Zagreb

Subject: Acquisition of Jadran d.d. for Hotel Management and Tourism shares by the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – Category B

Pursuant to Article 19 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse (Market Abuse Regulation), and due to the fact that Mr. Ante Jelčić is an employee of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, and also holds the position of the Member of the Supervisory Board of JADRAN d.d., we hereby inform you that PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management has acquired the shares of Jadran d.d., in its own name and on behalf of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – Category B, on 12 October 2018.

Transaction information is stated in accordance with the Implementing Regulation No 2016/523, in a template for the notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions.

I.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	PBZ CROATIA OSIGURANJE Compulsory Pension Fund – Category B
2.	Reason for the notification
(a)	Position/status	Ante Jelčić is a Member of the Supervisory Board of Jadran d.d. for Hotel Management and Tourism and also an employee of PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management
(b)	Initial notification/Amendment	Initial notification
3.	Details of the Issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, seated in Zagreb, Radnička cesta 44, Company Identification Number (• OIB:): 20455535575 • Free Info Phone: 0800 44 55 44 • Phone: 01/6363-700, Fax: 01/6363-703 • The company is entered into the Register of the Commercial Court in Zagreb under registration number (MBS): 080406469 • Company bank account is held at PBZ d.d. in Zagreb, IBAN: HR02234000911'2710646 • The share capital amounts to HRK 56,000,000 paid in full • Total number of shares is 56,000, each share has a nominal value of HRK 1,000 • Dubravko Štimac, President of the Management Board • Renata Kašnjar-Putar, Member of the Management Board

COMPULSORY PENSION FUNDS

(a)	Name	Jadran d.d. for Hotel Management and Tourism
(b)	LEI	74780030Q33IX8LEE969
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction have been conducted
(a)	Description of the financial instrument, type of instrument Identification code	− Shares of Jadran d.d. for Hotel Management and Tourism − Designation: JDRN-R-B − - ISIN: HRJDRNRB0002
(b)	Nature of the transaction	- Acquisition of shares as a result of an increase of share capital and issuance of new shares of Jadran d.d. for Hotel Management and Tourism
(c)	Price(s) and volume(s)	Date(s)	Price(s)	Volume(s)
		12/10/2018	17.25	7,460,423
(d)	Aggregated information
	- Aggregated volume	- Aggregated volume: 7,460,423 shares - Price: HRK 17.25 (average weighted price of aggregate transactions)
	- Price
(e)	Date of transaction:	12/10/2018
(f)	Place of transaction	Zagreb Stock Exchange d.d.

Sincerely,

Member of the Management Board

Renata Kašnjar-Putar

President of the Management Board:

Dubravko Štimac