Notification of the Securities Market Agency’s Decision
On 23rd November 2018, Petrol d.d., Ljubljana announced that Mustand Energy Limited, Nicosia, Cyprus requested to be stated that due to the sanction of suspension of voting rights in Petrol d.d., Ljubljana, the exercise of these voting rights was prohibited, and that Petrol was also prohibited from exercising these voting rights in accordance with the Takeover Act. This applies to the shares owned by the Republic of Slovenia and the related companies within Petrol d.d., Ljubljana.
Petrol d.d. Ljubljana received the decision from the Securities Market Agency dated 30th January 2019, by which the Agency rejected the request of the investor, Mustand Energy Limited, Nicosia, Cyprus, on the ground that the Republic of Slovenia and the related companies within Petrol d.d., Ljubljana did not achieve the takeover threshold.
The Management Board of Petrol d.d., Ljubljana