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AVK (Slovenian Competition Protection Agency) approval for the divestment of shares of the company Delo, d.d., Ljubljana

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:

Slovenian Competition Protection Agency (AVK) has issued a decision No. 3061-12/2015-8, dated August 28, 2015, to the buyer FMR Financiranje in upravljanje naložb d.d., Idrija. The buyer submitted the decision to Pivovarna Laško, d.d., which received the decision on September 1, 2015.
The Competition Protection Agency (AVK) decided not to oppose the concentration of the companies FMR, d.d., Idrija, and DELO časopisno in založniško podjetje, d.d., Ljubljana, as the concentration complies with the rules of competition.
With issue of the AVK decision, the condition of approval regarding the effect on competition for the buyer has been met. This is one of the  suspensive conditions pertaining to the validity of the Share Sale and Purchase Agreement for the shares of the company DELO, d.d., concluded on June 3, 2015, by the companies Pivovarna Laško, d.d., Laško, and the company FMR, d.d., Idrija, on the sale of 667,464 shares with the code DELR, or 100% share of the company Delo, d.d.


Laško, September 1, 2015                                      Management Board