Pursuant to the Article 474 paragraph 1 of the Capital Markets Act, Decision on granting an authorization of the Management Board to acquire treasury shares and the Decision on the exclusion of pre-emption rights upon disposal of treasury shares, adopted by the General Assembly of the Company on 30 June 2014, Atlantic Grupa d.d., Miramarska 23, Zagreb (hereinafter: the Company) announces the acquisition of 7,000 of the Company’s shares, in the total nominal amount of 280,000.00 HRK, which represents 0.21% of the subscribed capital of the Company. Said shares have been acquired by trading at the Zagreb Stock Exchange on 15th April 2019, at an average price of HRK 1,169.70 per share.
Before said acquisition the Company owned 94 shares of the Company, with the total nominal amount of 3,760.00 HRK, which represents 0.003% of the subscribed capital of the Company, while after said acquisition the Company owned 7,094 shares, with the total nominal amount of 283,760.00 HRK, which represents 0.21% of the subscribed capital of the Company.
The purpose of said acquisition is the realization of the awarding program for management and employees and the Company's awarding politics in accordance with its Optional Award program.
In addition, pursuant to the Article 474 paragraph 3 of the Capital Markets Act the Company hereby provide 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 reason of the acquisition and holding and the information that they are acquired based on the authorisation and according to the requirements of decisions of the General Assembly of the Company. The Company provides an employee share ownership scheme initiated by the Optional Award program of Atlantic Grupa d.d. for which purpose the Company applied the plan of acquisition of treasury shares for 2019 in a manner as announced in the notification published on 29 March 2019.
Atlantic Grupa d.d.
Source of information:
Atlantic Grupa d.d.
Miramarska 23, 10000 Zagreb
Informations to investors:
TEL: +385 1 2413 145
FAX: +385 1 2413 901
e-mail: ir@atlantic.hr
web: www.atlantic.hr
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