Podravka d d : Acquisition of PODRAVKA Inc. shares - Notice
December 21, 2017 at 05:39 am EST
Share
Pursuant to the provisions of Article 19 of the Regulation (EU) No. 596/2014 on market abuse, Article 464 of the Capital Market Law and Article 114 of the Stock Exchange Rules, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 20 January 2017, Mr. Mihovil Pobi, Risk Manager in Treasury, acquired 53 ordinary shares of the Company with the ticker PODR-R-A at the price of HRK 282,00 for 19 shares and at the price of HRK 283.50 for 34 shares.
Herein mentioned acquisition of the shares of PODRAVKA Inc. is executed by trading on the Zagreb Stock Exchange - through the authorised broker Podravska banka d.d.
In accordance with the Implementing Regulation No. 2016/523, information about the transaction 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.
1
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
MIHOVIL POBI
2
Reason for the notification
(a)
Position/status
Risk manager, Treasury
(b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
PODRAVKA Inc.
(b)
LEI
549300TMC6BYESPQ7W85
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument,
type of instrument
Identification code
PODRAVKA Inc. shares
Ticker: PODR-R-A
ISIN: HRPODRRA0004
(b)
Nature of the transaction
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
282,00 HRK
283,50 HRK
19
34
(d)
Aggregated information
Aggregated volume: 53 shares
Price of the transaction: 14.997,00 HRK
(e)
Date of the transaction
2017-12-20
(f)
Place of the transaction
The Zagreb Stock Exchange
Podravka dd published this content on 21 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 December 2017 10:39:01 UTC.
Original documenthttps://www.podravka.com/investors/news/acquisition-of-podravka-inc-shares-notice-86/
Public permalinkhttp://www.publicnow.com/view/458DBC153B499E99EC87A3ED1277A0A3242D3473
Podravka d.d. is one of the Croatian largest food processing groups. The group also develops a pharmaceutical products manufacturing and marketing activity. Net sales break down by family of products as follows:
- culinary products (36.3%): seasonings, ready meals, soups, sauces, cereals, desserts, frozen products, etc.;
- food products (20.7%): condiments, tomatoes, sauces, fruits, vegetables, staple foods, bakery and milling products, teas, cereals, etc.;
- snacks, sweets and beverages (18.9%);
- butchery and fish products (18.3%);
- other (5.8%): primarily pharmaceutical products.
Net sales break down geographically as follows: Croatia (75.2%), Central and Eastern Europe (11%) and other (13.8%).