Pursuant to the Capital Market Law, the 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 637 own shares, which is an amount of 0.0089% of share capital of the Company.
After stated acquisition Company has 192,570 own shares, which represents 2.70% of share capital of the Company.
Shares have been acquired by trading at the Zagreb Stock Exchange as follows:
- on 1st August 2016 - 279 shares at an average price of HRK 359.25 per share,
- on 2nd August 2016 - 298 shares at an average price of HRK 349.99 per share and
- on 3rd August 2016 - 60 shares at an average price of HRK 355.61 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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