Notice regarding the correction of the unaudited half-yearly report on the operations of the KD Group and KD Group d.d., following the publication of the audited half-yearly report on the operations of the KD Group and KD Group d.d.

KD Group, finančna družba, d. d., Dunajska cesta 63, 1000 Ljubljana (hereinafter: KD Group d. d.) in accordance with Article 17 of Regulation 596/2014/EU, hereby informs the public of a correction to the unaudited management report of the KD Group and KD Group d. d. for the period from 1 January to 30 June 2019,  which the company published on 28 August 2019.

KD Group d. d. is not legally obliged to have its half-yearly report audited, but has decided to do so for business reasons. During the audit of the half-yearly report, a request was made to reassess the indications of impairment and to estimate the fair value of the financial investment in shares of a Slovenian commercial bank. Based on new assumptions and valuation methods, an impairment loss on the financial investment was recognised as at 30 June 2019 in the amount of EUR 2,180,945.50.

Due to the correction made for the reasons stated above, KD Group d. d. is publishing the Revised Management Report of the KD Group and KD Group d. d. for the period from 1 January to 30 June 2019, together with the auditor’s report, which was approved by the Board of Directors at its meeting on 3 October 2019.

This notice will also be published on the company’s website www.kd-group.com under ‘Public Announcements’ from 3 October 2019 onwards, and will remain available for at least 10 years from the date of publication.