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OTS: Podravka Inc. - Release of Company's shares based on share option rights

Author: Orhideja Štrk

Koprivnica (HinaOTS) - Pursuant to the Capital Market Law, PODRAVKA Inc., Ante Starčević 32, Koprivnica, PIN: 18928523252, is issuing as follows:

Pursuant to the provisions of Article 19 of the Regulation (EU) No. 596/2014 on market abuse, Article 474 of the Capital Market Law and Article 116 of the Stock Exchange Rules, and in accordance with the Resolution of the General Assembly of PODRAVKA Inc. on providing authority to the Company Management Board on acquiring own Company shares No. GS-1-7-2015. of 3rd June 2015, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 10th December 2018, the Company released 5,000 ordinary shares of the Company with the ticker PODR-R-A, which represents 0.070225% of the Company's share capital - for the purpose of execution of the Company share purchase option right by the person discharging managerial responsibilities within the Company.

After mentioned release of the shares, the treasury account of the Company holds 145,775 of the own shares, which is 2.047401% of the Company's share capital.

All herein mentioned release 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 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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