Tuesday, 3th July 2018, Velenje
Securities Market Agency (ATVP) declares Hisense's takeover bid successful
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.