Today, on 15th May 2017, the Management Board of the Company Đuro Đaković Group Plc . informed the shareholders and the public about the suspension of the nominal capital increase procedure, based on the decision of the General Assembly of the Company from 21 March 2017.

The suspension is the result of the inability to achieve the minimum issue of 5 Million shares, due to the difficulties in the functioning of the capital market in the Republic of Croatia, caused by significant financial disturbances, which consequently led to indecisiveness of particularly foreign, but also domestic institutional investors and not enough time for adequate analysis of all the risks of the potential investment.

Nevertheless, considering the amount of applications received and the amount of the capital accrued, and regarding the wish of potential investors for longer deadlines necessary to prepare and analyse the investment, pursuant to Article 277 Paragraph 1 of the Companies Act, the Company's Management Board has today adopted the Decision on convening General Assembly of the Company to continue the capital increase procedure, in order to undisturbedly continue positive processes and the achieved level of business in the future.

Ðuro Ðakovic Holding dd published this content on 17 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 May 2017 11:53:14 UTC.

Original documenthttp://www.duro-dakovic.com/press_centar/novosti/duro_dakovic_grupa_dd_-_press_release.aspx

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