Acquisition of PODRAVKA Inc. shares – Notice

PODRAVKA Inc. (hereinafter: Issuer or Company) hereby notifies that on 2nd October 2017 ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company informed the Issuer on dealings in the Company's shares. This notification is made because Mr. Petar Vlaić an insider on the Insider List of the issuer and a Member of the Supervisory Board of the Issuer, holds the position of President of the Management Board of ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company 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 of the European Parliament and of the Council of 16th April 2014 on market abuse.

ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company made the following acquisitions at the Zagreb Stock Exchange regarding the Issuer 's shares:

  • on 25th September 2017 - 581 ordinary shares of the Issuer were acquired on behalf of Erste Plavi Mandatory Pension Fund Category A at an average price of HRK 295.60 per share,
  • on 25th September 2017 - 50 ordinary shares of the Issuer were acquired on behalf of Closed-end Voluntary Road Workers Pension Fund at an average price of HRK 295.60 per share,
  • on 26th September 2017 – 639 ordinary shares of the Issuer were acquired on behalf of Erste Plavi Mandatory Pension Fund Category A at an average price of HRK 297.01 per share and
  • on 26th September 2017 – 55 ordinary shares of the Issuer were acquired on behalf of Closed-end Voluntary Road Workers Pension Fund at an average price of HRK 297.01 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.