Pozavarovalnica Sava dd : Announcement of a change in a major holding
June 03, 2016 at 03:27 pm
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Pursuant to Article 124 of the Market in Financial Instruments Act and the Ljubljana Stock Exchange Rules, Sava Re, d. d., Ljubljana, hereby announces as follows:
On 2 June 2016, Sava Re, d. d., Dunajska 56, 1000 Ljubljana, received from ADRIS GRUPA, d. d., Vladimira Nazora 1, 52210 Rovinj, Croatia ('shareholder'), through their representative Rojs, Peljhan, Prelesnik & partnerji, o. p., d. o. o., a notification of a change in a major holding of Sava Re, d. d.
Together with its subsidiaries, the shareholder has in custodial accounts 3,278,049 POSR shares issued by Sava Re, d. d., which represents 19.04% of all shares constituting the issuer's share capital and 21.15% of all issuer's voting shares.
This announcement will be available on the Company's website at www.sava-re.si at least five years from the date of the announcement.
Pozavarovalnica Sava d.d. published this content on 03 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 June 2016 14:26:10 UTC.
Original documenthttp://www.sava-re.si/en/media-centre/news/1411/announcement-of-a-change-in-a-major-holding/
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Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.