News

The signing of the Contract of Mandate with Financial Advisor for the Sale of 73.08% Shareholding in Telekom Slovenije, d. d.

On 30 October 2013, Slovenska odškodninska družba, d. d., signed the Contract of Mandate with the financial advisor: Citigroup Global Markets Limited for the sale of shares held by Slovenska odškodninska družba, d. d., the Republic of Slovenia, Kapitalska družba, Zavarovalnica Triglav, d. d., and Pozavarovalnica Sava in Telekom Slovenije, d. d.

 

On 30 August 2013, Slovenska odškodninska družba, d. d. (hereinafter referred to as: "SOD"), on behalf of the Selling Consortium managing the process of selecting the financial advisor for the sale of shares issued by Telekom Slovenije, d. d., issued a request for proposals to render financial advisory services to 15 potential financial advisors (international financial institutions). The deadline for the submission of proposals expired on 17 September 2013. SOD received 12 proposals. On the basis of its proposal and presentation, Citigroup Global Markets Limited (hereinafter referred to as: Citigroup) was selected as the best bidder.

By virtue of the Contract of Mandate, the financial advisor: Citigroup with the diligence of a good businessman has taken over the advisory consulting services for the sale of shares of Telekom Slovenije, d. d.. Among other matters, Citigroup will also inform the potential buyers that there are four other shareholders (Modra zavarovalnica, NLB, NKBM, Abanka) interested in the sale of their shares to a buyer who will be selected in the sale process and will introduce them to the selected buyer with whom Sale and Purchase Agreements might be concluded, with the aim to purchase the 75.93% controlling shareholding in Telekom Slovenije, d. d. .

By signing the Contract of Mandate with the financial advisor: Citigroup, SOD has carried on the process of the sale of Telekom Slovenije, d. d, in accordance with the Decision of the National Assembly of 21 June 2013.

 

” Disclaimer: All announcements in English language are for information purposes only!