Agromarket d.o.o. made an offer to acquire remaining 10.2% stake in Galenika-Fitofarmacija a.d. (BELEX:FITO) from Dragan Nenadovic, Zorica Nenadovic and others for approximately RSD 690 million on February 25, 2021. Under the terms of the offer, Agromarket is willing to acquire 268,606 shares of Galenika-Fitofarmacija a.d. for RSD 2550 per share. Agromarket currently holds 89.8% stake and has committed to submitting the offer with the Serbian regulatory authorities within 15 working days and launching it as soon as it obtains clearance. On April 7, 2021, the Board of Directors of Galenika Fitofarmacija found the buyout offer by Agromarket to be a fair offer to Galenika-Fitofarmacija's shareholders. The offered price is in line with the legal requirements and the Board supports the strategic plans of Agromarket. The bid is valid till April 19, 2021.