Acquisition of PODRAVKA Inc. shares - Notice

PODRAVKA Inc. (hereinafter: Issuer or Company) hereby notifies that on 7^th November 2016 the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management informed the Issuer on dealings in Podravka Inc. shares. This  notification  is  made  because Mr. Dubravko Štimac, an  insider  on  the Insider List of the issuer and a President of the Supervisory Board of Podravka Inc., holds the position of  President  of  the  Management  Board  of  the  PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management  which  is  thereby  considered  a  connected  person,  pursuant  to  Article  464, paragraph 2 of the Capital Market Act and to Market Abuse Regulation (EU) No. 596/2014.    

PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management made  the  following acquisition in the name and on behalf of PBZ CROATIA OSIGURANJE Compulsory Pension Fund -  category B, regarding Podravka Inc. shares: 

-  On 4^th November 2016, 30 ordinary shares of the Issuer were acquires at an average price of HRK 364,01 per share.

In accordance with the Implementing Regulation No. 2016/523, information about the transactions were stated in the Template for the Notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and which Template is enclosed to this Notice.