AVK approval for the divestment of shares of the company ČZP Večer, d.d.
Pursuant to the provisions of the Financial Instruments Market Act (ZTFI) and the Rules and Regulations of the Ljubljana Stock Exchange, d.d., Pivovarna Laško, d.d., Trubarjeva 28, 3270 Laško, hereby makes the following announcement:
Based on the resolution No. 306-195/2008-279 by the Slovenian Competition Protection Agency (AVK), dated August 18, 2014, an approval has been issued to the company Delo, d.d., for the divestment of 191,943 shares of the company ČZP Večer, d.d., symbol VEMG, or the sale of 75-percent interest in the share capital of the company ČZP Večer, d.d., to the company Dober Večer, holding company, d.o.o., Murska Sobota.
With the AVK approval, the condition of approval regarding the effect on competition, issued to the seller, has been met. This is one of the suspensive conditions for the validity of the Share Purchase Agreement signed on July 10, 2014 by the companies Delo, d.d., Ljubljana, and the company Dober Večer, d.o.o., Murska Sobota, on the sale of 202,788 ordinary registered no par value shares, or a 79.24-percent share of the company ČZP Večer, d.d.
The said Share Purchase Agreement will be fully effective and valid when the last suspensive condition is met, which is the condition of approval regarding the effects on the competition for the buyer.
Laško, August 19, 2014