News 16. 7. 2018

Reengagement of Activities for IPO of NLB Shares

Today, on 16 July 2018, Slovenian Sovereign Holding (SSH) held its General Meeting which passed a resolution for SSH to re-engage in activities for the initial public offering (IPO) of NLB shares in a manner by way of which at least 50% + one share will be sold by the end of 2018 and the remaining stake, exceeding 25% + 1 share, by the end of 2019.

SSH is prepared to re-engage in the activities for the sale of NLB shares and, together with its financial advisor, i.e., Deutsche Bank, and in cooperation with NLB, it will immediately start pursuing all activities necessary for the IPO which has been envisaged as the method of the NLB sale by the Ordinance on the State Assets Management Strategy.  

The preparatory activities for the sale process have thus begun and the SSH's goal is to implement it as effectively as possible, as determined by the SSH's General Meeting.


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