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Conclusion of Contract of Mandate with Financial Advisor in Sale of 72.88% shareholding in Cinkarna Celje

On 8 April 2014, Slovenska odškodninska družba, in the capacity of one of the sellers of Cinkarna Celje, d.d., concluded the Contract of Mandate with the financial advisor Daiwa Corporate Advisory Limited ("DC Advisory").

 

The following companies also take part in the sale of the 72.88% shareholding in Cinkarna Celje, d.d.: Modra zavarovalnica, d.d., NKBM, NLB, Banka Celje, NFD 1 Mixed Flexible Subfund, and KD Funds, acting as the sellers.

 

References provided by DC Advisory in regard to financial consulting are extensive and of quality.

 

By the virtue of the Contract of Mandate, the financial advisor DC Advisory, with due diligence of prudent expert, has assumed the rendering of financial advisory services in the sale of shares of Cinkarna Celje, d.d. The obligations of the financial advisors are mainly as follows: to propose the most suitable method and time to implement the sale, to propose and organise the buyer selection process, to prepare a detailed time plan for the sale process, to propose and invite all potential buyers, to prepare various documents needed in the sale process, to propose a narrow circle of buyers, to coordinate due diligence, to coordinate and together with sellers implement negotiations with potential buyers, to submit a proposal for the selection of a buyer, to propose actions needed for the conclusion and implementation of the sales transaction, etc.

 

By signing the Contract of Mandate with the financial advisor - DC Advisory - SOD has carried on the process of the sale of Cinkarna Celje, d.d, in accordance with the Decision of the National Assembly of 21 June 2013.

 

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