Pozavarovalnica Sava dd : Sava Re Signed Contract to Acquire NLB Nov penziski fond AD Skopje
December 13, 2017 at 09:19 am EST
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Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and the Market in Financial Instruments Act, Sava Re, d.d., Dunajska 56, Ljubljana hereby announces the following:
Sava Re, d.d. publishes amendments to the announcement released on 12 December 2017 at 13:00 (linked document no. INI-1216/17):
On Tuesday, 12 December 2017, NLB d.d. Ljubljana and NLB banka AD Skopje, as the seller, and Sava Re, d.d., as the purchaser, signed a purchase contract for all the shares of NLB Nov penziski fond AD Skopje. The ownership of the target company shares will be transferred to the acquirer after all suspensive conditions (regulatory approvals) have been satisfied.
Pozavarovalnica Sava d.d. published this content on 13 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2017 14:18:06 UTC.
Original documenthttp://www.sava-re.si/en/media-centre/news/1638/sava-re-signed-contract-to-acquire-nlb-nov-penziski-fond-ad-skopje/
Public permalinkhttp://www.publicnow.com/view/6012900C4DD0C1C27FCF1634A455FA3D8F5A7FA3
Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.
POZAVAROVALNICA SAVA, D.D. 
