The financing amount stated in an individual Declaration of Interest shall not be less than HRK 1m.

Yesterday, Dalekovod announced that the process of collecting Declaration of Interest was completed. As a reminder, on 4 February, the company published a Call for Declaration of Interest in participating in the financial restructuring of the Company.

Dalekovod noted that they are considering the possibilities of financial restructuring for the purpose of creating foundations for the improvement of the Company’s financial status, adequate management of the Company’s obligations and proper capitalisation of the Company. The financing amount stated in an individual Declaration of Interest shall not be less than HRK 1m.

The Declaration under this Call does not create any legally binding obligations regarding Funding for the Applicant, unless the Applicant themself decides to be legally bound by the Declaration.

Dalekovod is currently traded at HRK 7.40 per share, which puts EV/EBITDA at 6.6x.