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OTS: Podravka Inc. - Release of 2,000 own shares based on share option rights

Author: Orhideja Štrk

Koprivnica (HinaOTS) - 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 Starčević Str. No 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies:

Company has released on 17th January 2017 2,000 ordinary shares with the ticker PODR-R-A which represents 0.028090% of the Company's share capital in execution of share purchase option rights of Mr. Mario Baburić - Senior Vice President for 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 380,01 per share.

After mentioned release of the shares, the treasury account of the Company holds 192,900 of the own shares, which is 2.709269% of the Company's share capital.

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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