Following the revision, the index will have 12 constituents. The decision of the Index Committee becomes effective as of 30 September 2020.

In accordance with BELEX15 Methodology, Belgrade Stock Exchange Index Committee made a decision to change the index components in the index basket of BELEX15. The Index Committee has decided to include Fintel energija (Ticker: FINT) and Dunav Osiguranje (DNOS) in the index. Following the revision, the index will have 12 constituents.

The decision of the Index Committee becomes effective as of 30 September 2020, after trading hours, when divisor adjustment will also take place.

The mentioned stake is, on the day of the submission of the binding offer is held by the company Dalmacija Hoteli.

Imperial Riviera published an announcement on the Zagreb Stock Exchange stating that the Management Board, based on the prior consent of the Supervisory Board, submitted a binding offer for the purchase of 63.05% of the share capital of the company HTP OREBIĆ (Ticker: HTPO). The mentioned stake is, on the day of the submission of the binding offer is held by the company Dalmacija Hoteli. The only shareholder of Dalmacija Hoteli is Prosperus Private Equity Fund. Note that the purchase price was not yet announced.

HTP Orebić operates 4 hotels with 255 accommodation units (three of them 4* and one 3*) in Orebić, Croatia. As of 2019, the company reported operating revenues of HRK 29.97m, EBITDA of 5.82m (EBITDA margin: 25.4%) and a net profit of HRK 1.82m (profit margin: 7.9%). Furthermore, the company operated with HRK 76.85m in total assets, while their net debt/EBITDA amounted to 1.8x.

As a reminder, Valamar together with AZ pension fund own 90.55% of class A of shares of Imperial Riviera. Valamar Riviera, the second largest shareholder (43.7%) consolidates Imperial Riviera’s results.

The results of the transaction will be announced as soon as practicable after the close of the bookbuild process.

Foundul Proporietatea published a document on the BVB announcing the launch of an accelerated bookbuild offering of a base deal of minimum approximately 1.4bn existing shares in OMV Petrom, which will commence immediately.

The Fund has agreed to a 180 day lock-up period from the pricing of the transaction, subject to waiver with the consent of the Bookrunners and subject to certain customary exceptions. Note that OMV Petrom will not receive any proceeds from the Transaction.

The results of the transaction will be announced as soon as practicable after the close of the bookbuild process. The timing for the close of the bookbuild process, pricing and allocations are at the absolute discretion of the Fund and the Bookrunners.