The sale of shares intended for INA employees will occur by the end of September at the latest, and the only model of payment will be one-off payment.
The right to buy INA shares under privileged conditions will be granted to former and current INA employees and employees of INA's subsidiaries in which the company holds a majority share.
There are some 49,000 former and current INA employees who are entitled to buy company shares.
The shares will be sold at a price of 1,690 kuna and it will be possible to buy them at a discount.
To avoid fluctuations of the price and oscillations on the capital market, the signatories have determined lock up periods during which it will not be possible to sell the purchased shares.
Representatives of the three workers' trade unions said that they were satisfied with the agreement.
The agreement is a basis for a decision on the model of sale of INA shares to its former and current employees, to be adopted by the government next week, Polancec said.