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Petrol Group M&A Activity 2017

Jul 28, 2017

1986_rns_2017-07-28_d9ba4842-3b5a-47ae-90ef-5ba702ec8246.html

M&A Activity

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Category: Inside information

Published on: SEOnet

Published at:  27.07.2017 08:15

Published document ID: INI-792/17

INI-757/17

PETROL, d.d., Ljubljana

PETROL, d.d., Ljubljana

Petrol d.d., Ljubljana Signed a Contract on the Sale and Purchase of Shares in Companies GEOPLIN d.o.o. Ljubljana and Plinhold 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.

Pursuant to the Financial Instruments Market Act (Official Gazette of the RS, no. 67/07 with amendments, “ZTFI”), and based on the Ljubljana Stock Exchange Rules, Petrol, Slovenska energetska družba, d.d., Ljubljana, Dunajska cesta 50, Ljubljana, is publishing the following announcement:

In accordance with the adopted business strategy of PETROL d.d., Ljubljana, PETROL d.d., Ljubljana, ZAVAROVALNICA TRIGLAV d.d. and its subsidiary SALNAL d.o.o., and the Republic of Slovenia, which is represented by Slovenian Sovereign Holding, as laid down in the Slovenian Sovereign Holding Act (ZSDH-1), signed a contract on 26 July 2017, on the the sale and purchase of shares in companies GEOPLIN d.o.o. Ljubljana and Plinhold d.o.o., based on which PETROL d.d., Ljubljana will buy the shares of SALNAL d.o.o. in company GEOPLIN d.o.o. Ljubljana, whereas the Republic of Slovenia will buy the share of SALNAL d.o.o. in company Plinhold d.o.o.

The transaction will be completed once suspensive conditions are fulfilled, and its value amounts to €14.5 million.

Management Board of Petrol d.d., Ljubljana

Date: 28.07.2017