IGES d.o.o., a Subsidiary of Petrol d.d., Ljubljana, Signs a Contract to Dispose of an Interest in the Company GEN-I, d.o.o.

In accordance with a strategy adopted by Petrol d.d., Ljubljana, a contract was signed today to dispose of 50% of interests held by the subsidiary IGES d.o.o. in the company GEN-I, d.o.o. The interests were then acquired by the company GEN-EL d.o.o. for EUR45,100,000.

The transaction will be carried out in two parts: the first part is expected to be completed by the end of 2016, following the fulfilment of suspensive conditions, and the second part is expected by the end of June 2018.