Toplana A.D. announces an Equity Buyback for 5,565,080 shares, representing 18.77% for BAM 0.11 million.

Toplana ad Banja Luka is a Bosnia and Herzegovina-based company engaged in the public utility sector. Its main area of activity includes production and delivery of hot water and steam for domestic heating and industrial purposes. The Company operates a network of primary hot water pipes with a total length 45 kilometers (90 kilometers of pipes). The secondary hot water distribution network's length, which leads to the users, has approximately 110 kilometers (22 kilometers of pipes). The Company's parent entity is the City of Banja Luka, which holds 64.99% stake in the capital.