Zagreb, 2.3.2022.
M SAN Grupa d.o.o. announces that on March 1st, 2022, it has submitted an application to the Commercial Court in Zagreb for the implementation of the division and takeover procedure in such a way that part of the Company’s retained earnings, which relates to real estate, is transferred to companies with joint ultimate owner Ribnjak Jasinje d.o.o. and Ribnjak Narta d.o.o.
The Company has recognized the need to implement these changes in order to optimize its operations, as well as the operations of the group as a whole, and limit its business decisions and transactions to the part of the group that falls under its area of responsibility.
This allocation procedure is a continuation of the corporate actions envisaged in the Prospectus for the Issue of Corporate Bonds in item 4.1.1, published on the issuer’s website on June 15th, 2021.
M SAN Grupa d.o.o.
