Nova KBM
 

Start of procedures for the sale of Zavarovalnica Maribor d.d. | NKBM

In accordance with provisions of the Code of Best Practice for Warsaw Stock Exchange Listed Companies, the Ljubljana Stock Exchange Rules and the applicable legislation, Nova KBM d.d. hereby gives the following notice:

Start of procedures for the sale of Zavarovalnica Maribor d.d.

17 August 2012
OBVESTILA
In accordance with provisions of the Code of Best Practice for Warsaw Stock Exchange Listed Companies, the Ljubljana Stock Exchange Rules and the applicable legislation, Nova KBM d.d. hereby gives the following notice:
 

Nova KBM d.d. signed an agreement with UniCredit CAIB Slovenia d.o.o., Dvoržakova 3, 1000 Ljubljana, according to which UniCredit CAIB Slovenia d.o.o. will act as the adviser in the sale of a 50.9963% shareholding of Nova KBM d.d. in Zavarovalnica Maribor d.d., Cankarjeva ulica 3, 2507 Maribor. The sale of the Bank's shareholding in Zavarovalnica Maribor d.d. is the result of the ruling made by the June Shareholders' Meeting requiring the Bank's Management Board to undertake activities for the sale of non-core assets of the Nova KBM Group. The sale of other Nova KBM Group companies is, for the time being, not envisaged; however, the Management Board is examining and analysing the sale of some other assets of the Bank.


This notice will be publicly available from 17 August 2012 for at least five years.