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OTS: Podravka Inc. - Release of 3,000 own shares (option rights), Annual information related to treasury shares

Koprivnica (HinaOTS) - Pursuant to the Capital Market Law, PODRAVKA Inc., Ante Starčević 32, Koprivnica, PIN: 18928523252, is issuing as follows:

Pursuant to the provisions of Article 474 of the Capital Market Law, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 6th May 2019, the Company released 3,000 ordinary shares of the Company with the ticker PODR-R-A, which represents 0.042135 % of the Company's share capital - for the purpose of execution of the Company share purchase option right by the person who was discharging managerial responsibilities within the Company.

After mentioned release of the shares, the treasury account of the Company holds 140,775 of the own shares, which is 1.977176 % of the Company's share capital.
Herein mentioned release of the shares of PODRAVKA Inc. was executed outside the regulated market through the authorised company Zagrebačka banka d.d.

In addition, pursuant to the Article 474 paragraph 3 of the Capital Markets Act, the Company hereby provides a notice which contains data on the number of treasury shares held by the Company as on the date of the announcement of this notice.

The before mentioned shares were acquired based on the Resolution of the General Assembly on providing authority to the Company Management Board on acquiring own Company shares from 3rd June 2015 and are held in accordance with the purpose stated in this Decision.

The Company does not have a program for acquiring own shares or employee share ownership program.
 
PODRAVKA Inc.
 
Source of information:
PODRAVKA Inc.
Corporate Communications
A. Starčevića 32; HR - 48000 Koprivnica
tel. 048 651 953
fax. 048 622 008
web: www.podravka.com
e-mail: press@podravka.hr
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