Pursuant to the Capital Market Law,the Zagreb Stock Exchange Rules and Resolution on acquiring own shares by the Company adopted on 15th February 2016, PODRAVKA Inc., Ante Starčević 32, Koprivnica, PIN: 18928523252 (Company) announces the acquisition of 250 own shares, which is an amount of 0.0035% of share capital of the Company.
After stated acquisition Company has 181,245 own shares, which represents 2.54% of share capital of the Company.
Shares have been acquired by trading at the Zagreb Stock Exchange as follows:
- on 6st April 2016 - 4 shares at an average price of HRK 317.50,
- on 7th April 2016 - 216 shares at an average price of HRK 327.99 and
- on 8th April 2016 - 30 shares at an average price of HRK 320.00 per share.
The purpose of the acquisition is implementing the ESOP program and realization of the management and employees remuneration plan, compliant to the Company remuneration policy.
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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