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Petrol Group M&A Activity 2016

Jul 15, 2016

1986_rns_2016-07-15_1990368d-5170-4791-a74c-78cbca4027c8.html

M&A Activity

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Category: Inside information

Published on: SEOnet

Published at:  14.07.2016 17:30

Published document ID: INI-479/16

INI-481/16

PETROL, d.d., Ljubljana

PETROL, d.d., Ljubljana

Petrol d.d., Ljubljana Signs a Contract to Exchange an Interest in the Company Geoplin d.o.o. Ljubljana for an Interest in the Company Plinovodi d.o.o.

The information contained in this announcement will remain posted on the website of Petrol d.d., Ljubljana (www.petrol.si) at least 5 years from the date it is published.

In accordance with the adopted Petrol d.d., Ljubljana business strategy, Petrol d.d., Ljubljana and the Republic of Slovenia, which is represented by Slovene Sovereign Holding, as laid down in the Slovene Sovereign Holding Act (ZSDH-1), signed a contract of exchange today based on which Petrol d.d., Ljubljana shall become the majority owner of the company Geoplin d.o.o. Ljubljana and the Republic of Slovenia the majority owner of the company Plinovodi d.o.o., with the Republic of Slovenia retaining its 25-percent interest in the company Geoplin d.o.o. Ljubljana.

The transaction will be completed once suspensive conditions are fulfilled.

Management Board of Petrol d.d., Ljubljana

Date: 15.07.2016