Notice

24.05.2016

KD Group, finančna družba, d.d., Dunajska cesta 63, 1000 Ljubljana (hereinafter: KD Group d.d.), hereby announces to the public that it intends to conclude, on 25 May 2016, a contract for the purchase and sale of all shares in KD Skladi, a management company, d.o.o. (hereinafter: KD Skladi, d.o.o.) with Adriatic Slovenica, an insurance company, d.d., Koper (hereinafter: Adriatic Slovenica d.d.) as the purchaser. The transfer of shares in KD Skladi, d.o.o.  to Adriatic Slovenica d.d. will take place following the granting of authorisation to Adriatic Slovenica d.d. to acquire a qualifying holding by the Securities Market Agency, of which KD Group d.d. will inform the public. 

KD Group d.d. also announces that its subsidiary, Adriatic Slovenica d.d., on the basis of an offer for the issue of securities addressed to well-informed investors, has today, 24 May 2016, issued bonds with a total nominal value of €50,000,000.00. The bonds, which comply with the provisions of the European Solvency II Directive, will be listed on the Irish Stock Exchange’s Global Exchange Market (GEM), a multilateral trading facility (MTF). Adriatic Slovenica d.d. will use the funds raised to strengthen its capital adequacy and to acquire a stake in KD Skladi, d.o.o. The issue of subordinated bonds was organised by the investment bank Jefferies.


This announcement will also be published on the company’s website www.kd-group.com under ‘Public Announcements’ from 24 May 2016 onwards.




KD Group d.d.

KD Group d.d.