Member access

4-Traders Homepage  >  Shares  >  LJUBLJANA STOCK EXCHANGE, INC.  >  Pozavarovalnica Sava dd    POSR   SI0021110513

SummaryNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Sava Re dd : ISA Approves Increase in Qualifying Holding in Zavarovalnica Maribor d.d.

02/11/2013 | 12:49pm US/Eastern

Monday, 11/02/2013

Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and applicable legislation, Sava Reinsurance Company d.d., Ljubljana announces the following:

Today Sava Reinsurance Company d.d. received a decision of the Insurance Supervision Agency based on which the Company can directly acquire voting rights and shares of Zavarovalnica Maribor d.d. of 50 percent or more, within six months of service of such decision whereafter such approval ceases to be effective.

In addition, the Insurance Supervision Agency issued an approval for Sava Reinsurance Company and the Slovenian Restitution Fund to jointly and directly acquire, based on their share purchase agreement titled "Contract on the rights relating to the shares of Zavarovalnica Maribor d.d.", voting rights and shares in the equity of Zavarovalnica Maribor d.d. of 50 percent or more, within six months of service of such decision whereafter such approval ceases to be effective.

This announcement will be available on the website of Sava Re at www.sava-re.si, at least five years from the date of the announcement.

distributed by
React to this article
Latest news on POZAVAROVALNICA SAVA DD
12/12 POZAVAROVALNICA SAVA DD : Change in Number of Shares With Voting Rights
12/12 POZAVAROVALNICA SAVA DD : Announcement on Change in Major Holdings
12/12 POZAVAROVALNICA SAVA DD : Purchase of Own Shares
11/28 POZAVAROVALNICA SAVA DD : Notice on Determination of Price and Purchase Quantity..
11/26 POZAVAROVALNICA SAVA DD : Response to Article Published in the Daily Delo on 21 ..
11/18 POZAVAROVALNICA SAVA DD : Announcement of Financial Results for January-Septembe..
11/18 POZAVAROVALNICA SAVA DD : Share repurchase programme
11/10 POZAVAROVALNICA SAVA DD : Amendment to the Financial Calendar 2014
11/03 POZAVAROVALNICA SAVA DD : Change in Number of Shares With Voting Rights
10/30 POZAVAROVALNICA SAVA DD : Announcement on registration of capital increase in su..
Advertisement
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF