The Share Purchase Agreement - Notice

In accordance the Capital Market Law and the Rules of the Zagreb Stock Exchange, we hereby inform you that on 31st July 2015 PODRAVKA Inc., Koprivnica, Ante Starčevića 32, PIN: 1892853252 (further: PODRAVKA) and VALIDUS Inc. - in bankruptcy, Varaždin, Anina Str. 2, PIN: 07838648475 (further: VALIDUS) signed the Share Purchase Agreement pursuant to which PODRAVKA acquire from the company VALIDUS 31.818 shares of the MRNA-R-A ticker, which are subject of the pledge in favor of the Raiffeisen bank Austria d.d. Zagreb.

Based on the Conclusion of the sale of the Commercial court  in Varaždin No. St-25/12 enacted in bankruptcy proceeding over VALIDUS, it was established that 31.818 shares of the MRNA-R-A ticker shall be sold by direct settlement – provided that the above mentioned Share Purchase Agreement will produce legal effects from the date of the decision with final force and effect of the Commercial Court in Varaždin reached in the case St-25/12.

In mentioned decision the court will determine that after the enforcement of the decision and payment of the purchase price by PODRAVKA, the Central Clearing Depository Agency shall register the right of ownership in favor of PODRAVKA and remove the pledge registered on the shares.