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OTS: Podravka Inc. - Acquisition and release of Issuer's shares based on share option rights

Author: Orhideja Štrk

Koprivnica (HinaOTS) - Podravka Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies:

Pursuant to the provisions of Article 430 and 464 of the Capital Market Law and Article 122 of the Stock Exchange Rules, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 23rd August 2016, the Company  acquired 2,000 ordinary shares of the Company with the ticker PODR-R-A at the average price of HRK 366.96 per share for the purpose of execution of share purchase option rights of the Company shares. 

On the same day the Company has assigned the above mentioned ordinary shares of the Company within the realisation of the Company share purchase option right of Mr. Mario Baburić  – Senior Vice President of Global Business Development.

On the same day Mr. Mario Baburić released so acquired 2,000 ordinary shares of the Company, at the average price of HRK 361,46 per share.

After mentioned acquisition and releasing of the shares, the number of the Company′s own shares issued with voting rights remained unchanged.

All herein mentioned acquisition and releasing of the shares of PODRAVKA Inc. were executed by trading on the Zagreb Stock Exchange - through the authorised broker Zagrebačka banka d.d.

PODRAVKA Inc.

Source of information:
PODRAVKA d.d.
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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(HinaOTS)

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