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OTS: Stanovi Jadran plc. - Notice of signed purchase sale agreement

Author: Orhideja Štrk

Split (HinaOTS) - Company Stanovi Jadran d.d. from Split, Kralja Zvonimira 14/IX, TICKER: STJD-R-A, ISIN: HRSTJDRA0006, OIB: 88680117715, is issuing as follows:

Pursuant to the Zagreb Stock Exchange Rules and the corresponding articles of the Capital Market Act, STANOVI JADRAN plc., Split, Kralja Zvonimira 14/IX, OIB: 88680117715, (hereinafter: Issuer), hereby submits this notice on the signed purchase sale agreement in Sarajevo, February 13,2020 where the Issuer sold 89% (eighty-nine percent) share capital in the company WINTER Tourism, Hospitality and Trade ltd. Travnik, with headquarters in Travnik, Babanovac bb, registered in the Companies Register of the Municipal Court in Travnik, JIB: 4236419500001, MBS: 51-01-0259-08 (hereinafter: Winter ltd). Winter ltd owns a property known as Hotel Blanca Resort & Spa, located on the mountain Vlašić, Bosnia & Herzegovina. The financial value of the signed agreement is BAM 8.455.000,00.

Chairman of the Supervisory Board of the Issuer, Miroslav Jeličić Purko, as the holder of the remaining 11% (eleven percent) share capital of Winter ltd also signed purchase sale agreement to sell his business stake with the same buyer. The financial value of the concluded purchase contract is BAM 1.045.000,00.

Signing both agreements, 100% of Winter ltd has been sold for a total of BAM 9.500.000,00.
 
STANOVI JADRAN plc.
 
Source of information:
Stanovi Jadran plc.
Kralja Zvonimira 14/IX
21000 Split
tel: +385(0)21 482 367
fax: +385(0)21 482 374
web: www.stanovijadran.com
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(HinaOTS)

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