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OTS: Ledo d.d. - Notice on appointment of Temporarily Creditor Council

Author: Orhideja Štrk

Zagreb (HinaOTS) - Ledo d.d., from Zagreb, Čavićeva 1a, MBS: 080002964, OIB: 87955947581, is issuing as follows:

Ledo joint stock company for production and sale of ice cream and frozen foods, Zagreb, Čavićeva 1a, MBS: 080002964, OIB: 87955947581, responsible person: Dario Vrabec, (hereinafter: the Issuer), pursuant to Article 464 of the Capital Market Act and Article 19 of Paragraph 1 of Regulation (EU) no. 596/2014 on market abuse and Article 2 of the Implementing Regulation of the Commission (EU) 2016/523, informs the following:

In accordance with the Article 18. of the Act on Procedure of Extraordinary Administration (hereinafter: the Act) the Commercial Court in Zagreb has issued the Decision No 47. St-1138/17 to appoint the Temporarily Creditor Council, throughout the procedure of extraordinary administration over the debtor Agrokor d.d. (hereinafter: the Debtor) and its affiliates and subsidiaries.

Following members and representatives of each relevant groups of creditors are appointed:

1. Toni Raič, owner of trade company Livestock farming Raič for breeding cattle, Gudovac, Gudovac 1e, OIB 42972990123, as a representative of the creditors "SMALL SUPPLIERS" whose claims do not exceed 100,000.00 kunas according to the business accounting books of the Debtor and its affiliates and subsidiaries 

2. KRAŠ food industry d.d., Zagreb, Ravnice 48, OIB 94989605030, as a representative of the creditors "MAJOR SUPPLIERS” whose claims exceed 100.000,00 kunas according to the current data in business accounting books of the Debtor and its affiliates and subsidiaries 

3. Knighthead Capital Management, LLC, USA, New York, 1140 Sixth Avenue, as a representative of the creditor group “BOND HOLDERS" which includes all persons who, according to the current data in business accounting books of the Debtor and its affiliates and subsidiaries, holds bonds  issued by the Debtor

4. Sberbank of Russia, Russia, 117997 Moscow, 19 Vavilova St., as a representative of the creditor group "UNSECURED CREDITORS” which includes all other creditors of the Debtor and its subsidiaries and affiliated companies whose claims are not secured 

5. Zagrebačka banka dd, Zagreb, Ban Jelacic Square 10, OIB 92963223473, as a representative of the creditor group "INSURED CREDITORS" which includes all other creditors of the Debtor and its subsidiaries and affiliated companies whose claims are secured

The Temporarily Creditor Council has the same rights, entitlements and obligations as the Creditor Council and performs as the Creditor Council until the Creditor Council is not established.

The Issuer confirms that all other actions or decisions related to the extraordinary administration which represent privileged or price sensitive information shall be disclosed to the public without delay.

Ledo d.d. Zagreb

Source of information:
Ledo d.d. 
Marijana Čavića 1a 10000 Zagreb
Telephone: 01 2385 861
Telefax: 01 2385 686
E-mail: investors@ledo.hr 
Web: www.ledo.hr
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(HinaOTS)

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