KD BPD, a stockbroking firm, d.o.o., has been granted a licence to provide services

Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange d.d. and ZTVP-1 (Official Gazette of the Republic of Slovenia, No. 56/99), KD d.d., Ljubljana, hereby issues the following announcement:

KD Group, a financial company, d.d., hereby announces that it has received a decision from the Securities Market Agency granting authorisation to provide securities-related services to KD BPD, a stockbroking firm, d.o.o. The authorisation has been granted for the provision of all securities-related services specified in Articles 73 and 74 of the Securities Market Act (ZTVP-1), with the exception of securities custody services.

With the establishment of KD BPD, a stockbroking company, d.o.o., KD Group d.d., as the parent company of the group, primarily to expand and develop its offering in the field of asset management and to provide services to even the most discerning individuals and businesses. The establishment of KD BPD forms part of the strategy to broaden the range of its own financial products and to expand geographically into Central and South-Eastern Europe.

The company, whose sole shareholder will be KD Group d.d., is expected to commence operations in the early spring once all necessary procedures have been completed and it has been entered in the commercial register. The company, with a share capital of 300 million SIT, will be led by Milena Zrnec, Chair of the Management Board, and Štefan Belingar as a member of the Management Board. The interested public will be duly informed of further procedures and the date on which operations commence.


KD Group d.d.
Management Board