This notification is made because Mr. Dubravko Štimac, an insider on the Insider List of the issuer and a President of the Supervisory Board of Podravka Inc., holds the position of President of the Management Board of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management which is thereby considered a connected person, pursuant to Article 464, paragraph 2 of the Capital Market Act and to Market Abuse Regulation (EU) No. 596/2014.
PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management made the following acquisition in the name and on behalf of PBZ CROATIA OSIGURANJE Compulsory Pension Fund - category B, regarding Podravka Inc. shares:
- On 4th November 2016, 30 ordinary shares of the Issuer were acquires at an average price of HRK 364,01 per share.
In accordance with the Implementing Regulation No. 2016/523, information about the transactions were stated in the Template for the Notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and which Template is enclosed to this Notice.
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
- end - -
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Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
(a) |
Name |
PBZ CROATIA OSIGURANJE Compulsory Pension Fund category B |
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2 |
Reason for the notification |
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(a) |
Position/status |
Mr. Dubravko Štimac is the president of PODRAVKA Inc. Supervisory Board and also president of the Management Board of PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds management |
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(b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
(a) |
Name |
PODRAVKA Inc. |
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(b) |
LEI |
549300TMC6BYESPQ7W85 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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(a) |
Description of the financial instrument, type of instrument Identification code |
|
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(b) |
Nature of the transaction |
|
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(c) |
Price(s) and volume(s) |
|
||||
(d) |
Aggregated information
|
(30 x 364.01) |
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(e) |
Date of the transaction |
2016-11-04 |
||||
(f) |
Place of the transaction |
The Zagreb Stock Exchange |
PBZ CROATIA OSIGURANJE d.d.
za upravljanje obveznim mirovinskim fondovima
Dubravko Štimac, predsjednik Uprave