Acquisition of own shares - Notice
Pursuant to the Capital Market Law,the Zagreb Stock Exchange Rules and Resolution on acquiring own shares by the Company adopted on 15th February 2016, PODRAVKA Inc., Ante Starčević 32, Koprivnica, PIN: 18928523252 (Company) announces the acquisition of 294 own shares, which is an amount of 0.0041% of share capital of the Company.
After stated acquisition Company has 189,676 own shares, which represents 2.66% of share capital of the Company.
Shares have been acquired by trading at the Zagreb Stock Exchange as follows:
on 16th June 2016 - 199 shares at an average price of HRK 336.89 and
on 20th June 2016 - 95 shares at an average price of HRK 339.52 per share.
The purpose of the acquisition is implementing the ESOP program and realization of the management and employees remuneration plan, compliant to the Company remuneration policy.