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Notification on the completion of sale and receipt of sale proceeds for the shares of the company Delo d.d., Ljubljana

Pursuant to provisions on the Financial Instruments Market Act (ZTFI)) and Rules of the Ljubljana Stock Exchange, Pivovarna Laško, d.d., Trubarjeva 28, 3270 Laško, publishes the following notification:

 

On 3 June 2015 the company Pivovarna Laško, d.d., and the company FMR d.d., Idrija, concluded an 'Agreement for the Sale and Purchase of Shares of the Company DELO časopisno in založniško podjetje d.d., Ljubljana' for the sale of 667,464 shares labelled DELR, i.e. a 100% ownership share of the company (hereinafter: the Agreement) under several suspensory conditions.

 

On 18 September 2015 the company Pivovarna Laško, d.d. successfully completed the procedure for the sale of 667,464 shares labelled DELR (i.e. a 100% ownership share) of the company Delo d.d. On 18 September 2015 the seller, Pivovarna Laško, d.d., received the sale proceeds for the sale of 667,464 shares (i.e. a 100% ownership share) in the amount of EUR 7.3 m from the buyer FMR d.d., Idrija. On 18 September 2015, upon the payment of the sale proceeds, the buyer became the owner of 667,474 shares labelled DELR (i.e. a 100% ownership share of the company Delo d.d.).

 

The purchase money received shall contribute to the deleveraging of Pivovarna Laško d.d. and implies a further implementation of the loan repayment process from the purchase money generated by the sale of investments in non-primary activities in accordance with the Agreement on Restructuring and Suspension of 30 April 2014, which was concluded with 18 creditor banks.

 

Laško, 18 September 2015

                                                                     Management Board of the company