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Puljanka Announces Offer to Acquire Istra

The trading, hospitality, and manufacturing company Puljanka today announced via the Zagreb Stock Exchange an offer to acquire the Pula trading company Istra, at a price of 1,700 kuna per share of Istra.

Istra d.d. has a share capital of 155.89 million kuna, divided into 91,700 ordinary shares each with a nominal value of 1,700 kuna. Together with Puljanka, the companies Puljanka-Brionka, Geo Biro, Brionka, and Andre operate. Together they hold 75,253 shares of Istra, which represent an 82.06 percent stake in the share capital of Istra. The subject of the offer is 16,447 ordinary shares of Istra, and the offer lasts for 28 days from the publication in Narodne novine and Vjesnik. The payment deadline for shares held in the Central Depository Agency is 14 days from the expiration of the takeover offer.