The Management Board of Petrol published the findings issued by BDO Revizija, after carrying out the special audit of transactions of the company,. The review consisted of 30 transactions concluded with a value exceeding EUR 1m in the period of 1 January 2015 to 24 October 2019.

Petrol published an announcement on the LJSE stating that the four-year terms of office of five Supervisory Board members will begin on 11 April 2021, with the four-year term of office of one Supervisory Board member beginning on 17 July 2021. The Supervisory Board of Petrol invited all interested candidates to submit their applications.

Besides that, Petrol published the Management Board of Petrol published the findings issued by BDO Revizija, after carrying out the special audit of transactions of the company, pursuant to Resolution 3 of the General Meeting of 12 December 2019. The mentioned review consisted of 30 transactions concluded with a value exceeding EUR 1m in the period of 1 January 2015 to 24 October 2019. Out of those, in most transactions no deficiencies were found with respect to the diligence of a conscientious and honest business which could lead to the liability of the management board. However, BDO Revizija pointed out on 8 transactions, where deficiencies were found. Of those, the largest transaction was the purchase of shares and increase of capital in MBILLS which amounted to EUR 11.04m. During the review, BDO Revizija discovered significant deficiencies, which in their opinion represent the basis for liability for damages of members of the Management Board.

You can find the full 28 page report on link here.