Pursuant to the Zagreb Stock Exchange Rules, Sunce hoteli d.d., Trpinjska 9, Zagreb, OIB: 06916431329 ("Sunce" or the "Company"), informs that the Supervisory Board of the Company has approved investments for further improvement of quality and services in its hotels for 2022, amounting to approximately EUR 44,2 million. These investments confirm the intention of the majority shareholders in terms of developing the future business of the Company, through strengthening the market position by implementing new and developing existing capacities and services, as well as continuing investments in raising the quality of accommodation for its employees. Out of a total of EUR 44 million of investments, approximately EUR 29 million is planned to be raised through Capital increase by issuing new shares for the purpose of which the Extraordinary General Meeting of the Company is convened on 20 December 2021. The Company plans to raise the remaining funds by borrowing from Commercial banks, using the possibility of withdrawing funds for this purpose as agreed when refinancing the Company's financial liabilities from November 2, 2021.
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SUNCE HOTELI d.d.
Investor Relations
ir@bluesunhotels.com
https://www.bluesunhotels.com/en/other/investors
Source of information:
Sunce Hoteli d.d.
Trpinjska 9
10000 ZAGREB
Tel: 01/6442-244
Mob: 091/6363-090
Fax: 01/3844-177
E-mail: ivan.franic@bluesunhotels.com
Web: https://www.bluesunhotels.com