Ownership Structure

Ten major shareholders at 31 August 2018

Shareholder

No. of Shares

%
HISENSE LUXEMBOURG HOME APPLIANCE HOLDING 23,304,885 95.42%
GORENJE, d.d. 121,311 0.50%
PARAMETRIC TAX - MANAGED EMERGING MARKET 109,490 0.45%
THE BANK OF NEW YORK MELLON - FIDUCIARY ACCOUNT 54,871 0.22"
PFCI, d.o.o. 40,681 0.17%
PARAMETRIC EMERGING MARKETS FUND 25,684 0.11%
KAPITALFORENINGEN LAERERNES PENSION INVESTMENT 23,750 0.10%
KUNC VINKO 23,252 0.10%
KDPW - FIDUCIARY ACCOUNT 15,946 0.07%
EATON VANCE INTERNATIONAL (IRELAND) PARAMETRIC EMERGING MARKETS FUND 14,900 0.06%
Major Shareholders 23,734,770 97.18%
Own Shares 121,311 0.50%
Other Shareholders 568,532 2.32%
TOTAL: 24,424,613 100%

Notification of a change in major shareholdings of the company

  • On July 9, 2018, Gorenje, d. d., received from the company Conseq Investment Management a notification that the investment funds under its management accepted the takeover offer by the company Hisense Luxembourg Holding and have on such basis disposed all of their shares of the company Gorenje, d. d.

Disclosure of transactions effected by persons discharging managerial responsibilities and persons closely related to them

  • Gorenje, d. d., has received notifications by persons discharging managerial responsibilities and persons closely related to them about the following transactions:
  • Franc Bobinac, President and CEO of Gorenje, d. d., divested on July 3, 2018, on his behalf and outside the trading venue, based on the acceptance of the takeover bid by the company Hisense Luxembourg Holding S.a.r.l., 6 Rue Eugène Ruppert, L-2453 Luxembourg (hereinafter referred to as Hisense), 4,096 shares with the symbol GRVG, ISIN code SI0031104076, at a price of EUR 12 per share.
  • On the same date, following divestments of shares with the symbol GRVG, ISIN code SI0031104076, at a price of EUR 12 per share were carried out by persons discharging managerial responsibilities and persons closely related to them: Branko Apat, Management Board member at Gorenje, d. d., divested 626 GRVG shares, Drago Bahun, Management Board member at Gorenje, d. d., divested 9,082 GRVG shares, Žiga Debeljak, Management Board member at Gorenje, d. d., divested 9,044 GRVG shares, Jurij Slemenik, Supervisory Board member at Gorenje, d. d., divested 1,800 GRVG shares, Peter Kobal, Supervisory Board member at Gorenje, d. d., divested 1,355 GRVG shares, Karlo Kardov, Supervisory Board member at Gorenje, d. d., divested 33,566 GRVG shares, Tomaž Korošec, Executive Vice President in charge of Corporate Procurement at Gorenje, d. d., divested 696 GRVG shares, Tomaž Kuntarič, Executive Vice President in charge of Corporate Support Functions at Gorenje, d. d., divested 460 GRVG shares, Mirko Meža, Executive Vice President in charge of Washing Machine and Dryer Program at Gorenje, d. d., divested 1,333 GRVG shares, Štefan Kuhar, Executive Director of Finance and Taxes at Gorenje, d. d., divested 2,000 GRVG shares, Matjaž Geratič, Executive Director of OEM Deals and Special Projects at Gorenje, d. d., divested 1,932 GRVG shares and the company Universal Investments Capital divested 1,856,148 GRVG shares. The notification pertains to a person closely associated with a person discharging managerial responsibilities. Universal Investment Capital is an entity closely associated with Corinna Claudia Graf who is the director of Universal Investment Capital, as well as a Supervisory Board member at the company Gorenje, d. d. Milena Pirnat Bahun also divested 1,846 GRVG shares, the notification pertains to a person closely associated with a person discharging managerial responsibilities, namely Drago Bahun who is a Gorenje Management Board member.

Notification of a change in major shareholdings of the company

  • On July 4, 2018, Gorenje, d. d., received from the company Universal Investment Capital, S. L., Avenida Son Caliu nº18, Urbanización Son Caliu, Palma Nova, Calviá 07181, Mallorca, Spain, a notification that Universal Investment Capital accepted the takeover offer by the company Hisense Luxembourg Holding S.a r.l., 6 Rue Eugène Ruppert, L-2453 Luxembourg, and has on such basis disposed all of its shares of the company Gorenje, d. d. The takeover offer was accepted for a total of 1,856,148 shares, representing 7.599% of all Gorenje shares. After the closing of transaction, Universal Investment Capital no longer holds any ownership share in the company Gorenje, d. d.

Ten major shareholders at 3 July 2018

Shareholder

No. of Shares

%
HISENSE LUXEMBOURG HOME APPLIANCE HOLDING 23,304,885 95.42%
PARAMETRIC TAX - MANAGED EMERGING MARKETS FUND 120,554 0.49%
PARAMETRIC EMERGING MARKETS FUND 51,507 0.21%
THE BANK OF NEW YORK MELLON - FIDUCIARY ACCOUNT 47,027 0.19%
KAPITALFORENINGEN LAERERNES PENSION INVEST 23,750 0.10%
KDPW - FIDUCIARY ACCOUNT 22,592 0.09%
KOHNE IGOR 20,700 0.08%
EATON VANCE INTERNATIONAL (IRELAND) PARAMETRIC EMERGING MARKETS FUND 14,900 0.06%
KOVAČ OLGA 12,952 0.05%
UNICREDIT BANK AUSTRIA AG - FIDUCIARY ACCOUNT 12,700 0.05%
Major shareholders 23,631,567 96.75%
Own Shares 121,311 0.50%
Other Shareholders 671,735 2.75%
TOTAL: 24,424,613 100%

Notification of a change in major shareholdings of the company

  • On July 2, 2018, Gorenje received by the Securities Market Agency (ATVP) the decision (No. 40201-5/2018-22) on the success of the takeover bid for GRVG shares announced by the company Hisense Luxembourg Home Appliance Holding on May 29 this year, and which lasted until June 26. On May 28, 2018, the Securities Market Agency (ATVP) issued to the company Hisense Luxembourg Home Appliance Holding a permit for a takeover bid for 24,424,613 shares with the symbol GRVG, minus the 8,050,014 shares that the acquiring party had already held, i.e. for a total of 16,374,599 shares of the target company Gorenje. Hisense Luxembourg Home Appliance Holding informed the Agency that 5,165 shareholders accepted the takeover bid between May 29, 2018, and June 26, 2018, who held a combined total of 15,254,871 GRVG shares, which represents 62.46 percent of all Gorenje shares. Thus, the Securities Market Agency finds that the takeover bid was successful.

Ten major shareholders at 29 June 2018

Shareholder

No. of Shares

%
KDD D.D. - FIDUCIARY HOLDINGS 8,050,014 32.96%
KAPITALSKA DRUŽBA, D.D. 3,998,653 16.37%
PANASONIC CORPORATION 2,623,664 10.74%
KDPW - FIDUCIARY ACCOUNT 1,882,644 7.71%
BNP PARIBAS SECURITIES SERVICES S.C.A. 1,000,150 4.09%
CLEARSTREAM BANKING SA - FIDUCIARY ACCOUNT 721,838 2.96%
ADDIKO BANK D.D. - FIDUCIARY ACCOUNT 535,963 2.19%
Fleksibilni mešani podsklad - Jugovzhodn 452,087 1.85%
ZAGREBAČKA BANKA D.D. - FIDUCIARY ACCOUNT 387,575 1.59%
HRVATSKA POŠTANSKA BANKA D.D. - FIDUCIARY ACCOUNT 354,000 1.45%
Major shareholders 20,006,588 81.91%
Own Shares 121,311 0.50%
Other Shareholders 4,296,714 17.59%
TOTAL: 24,424,613 100%

Notification of a change in major shareholdings of the company

  • On June 26, 2018, Gorenje, d. d., received from the company Kapitalska družba, d. d. (KAD), a notification that KAD accepted the takeover offer by the company Hisense Luxembourg Holding and will on such basis dispose all of its shares of the company Gorenje, d. d. The takeover offer was accepted for a total of 3,998,735 shares, representing 16.37 percent of all Gorenje shares. After the closing of transaction, KAD will no longer hold any ownership share in Gorenje.
  • Along with the information on major shareholdings, Gorenje also received a notification on transactions conducted by persons performing managerial and executive tasks, and persons closely related to them, pertaining to the acceptance of the takeover bid referred to above. Kapitalska družba is closely related to Bachtiar Djalil who holds the position of Management Board president at Kapitalska družba, as well as the position of a Supervisory Board member at the issuer company Gorenje, d. d.
  • On June 8, 2018, Gorenje d.d. received from the company Panasonic Corporation a notification that the Panasonic Corporation accepted the takeover offer by the company Hisense Luxembourg Holding and will on such basis dispose all of its shares of the company Gorenje d.d. The takeover offer was accepted for a total of 2,623,664 shares, representing 10.7419% of all Gorenje shares. After the closing of transaction, the Panasonic Corporation will no longer hold any ownership share in the company Gorenje d.d.
  • On May 25, 2018, we received from the Dutch company Home Products Europe a notification that on May 23, 2018, the company disposed 1,220,984 shares, representing 4.999% of all Gorenje, d. d. shares.
  • On May 25, 2018, we received from the company Hisense Luxembourg Home Appliance Holding a notification that on May 23, 2018, the company increased its share of voting rights in the company Gorenje, d. d., to 27.75% of total voting rights.
  • On May 24, 2018, we received from Mr Kristijan Floričić a notification that he had sold the shares of the company Gorenje d.d. that he had held, and that after the disposal of the shares, the share of his voting rights in the company Gorenje d.d. decreased to below 5% of total voting rights in the company Gorenje d.d. 
  • On May 24, 2018, we received from the company International Finance Corporation (hereinafter referred to as the IFC) a notification that the IFC disposed on May 22, 2018, all of its shares of the company Gorenje d. d. A total of 2,881,896 shares were disposed, representing 11.8% of all Gorenje shares. After the transaction, the IFC no longer holds any ownership share in the company Gorenje d. d.
  • On May 24, 2018, we received from the companies Hisense Luxembourg Home Appliance Holding, and the company Hisense Luxembourg Holding, a notification that the two companies acquired on May 22, 2018, a combined 22.56% share of all voting rights in the company Gorenje d. d. The company Hisense Luxembourg Holding acquired 1,154,977 shares or 4.73% share of all voting rights, and the company Hisense Luxembourg Home Appliance Holding acquired 4,354,300 shares or 17.83% share of all voting rights at the company.
  • The company Conseq Investment Management, a.s., from Prague, informed us on 4 April 2018, that as on 28 March 2018 the investment funds under its management increased the joint stake of all voting rights in the company Gorenje, d.d., to 7.05% (1,721,788 GRVG shares).


Ten major shareholders at 31 December 2017

Shareholder

No. of Shares

%
KAPITALSKA DRUŽBA, D.D. 3,998,653 16.37%
INTERNATIONAL FINANCE CORPORATION 2,881,896 11.80%
PANASONIC CORPORATION 2,623,664 10.74%
KDPW - FIDUCIARY ACCOUNT 1,879,898 7.70%
HOME PRODUCTS EUROPE B.V. 1,221,231 5.00%
RAIFFEISEN BANK AUSTRIA D.D. - FIDUCIARY ACCOUNT 1,134,073 4.64%
ZAGREBAČKA BANKA D.D. - FIDUCIARY ACCOUNT 927,542 3.80%
BNP PARIBAS SECURITIES SERVICES S.C.A. - FIDUCIARY ACCOUNT 900,150 3.69%
UNICREDIT BANK AUSTRIA AG - FIDUCIARY ACCOUNT 856,926 3.51%
ADDIKO BANK D.D. - FIDUCIARY ACCOUNT 642,953 2.63%
Major Shareholders 17,066,986 69.87%
Own Shares 121,311 0.50%
Other Shareholders 7,236,316 29.63%
TOTAL: 24,424,613 100%

Notification of a change in major shareholdings of the company

  • Mr. Kristijan Floričić, informed us on 12 October 2016, that as on 11 October 2016 he acquired 84,000 GRVG shares issued by the company Gorenje, d.d., and the stake of the voting rights increased from 4.906% (1,198,314) to 5.25% (1,282,314) of all voting rights in the company Gorenje, d.d.