Metico Investment Makes Bid for Takeover of Remaining Shares of Port of Belgrade

The Central Securities Depository and Clearing House has published, based on the decision of the Republic of Serbia Securities Commission, the notification of the bid by Metico Investment from Belgrade to take over the shares of the Port of Belgrade.

According to the bid published on the website of the Central Securities Depository and Clearing House, Metico, which owns 93.56% shares of the Port, has offered to take over the remaining 6.35%, amounting to 42,414 shares, at a price of 59.35 dinars per share, in cash.

The book value per share on the final day of 2020 amounted to 43.44 dinars, and the nominal value is 480 dinars. It is added that they are included in the trading in the MTP market and that they are not liquid.

It is pointed out that the bidder does not intend to change the core activity of the target company or the location of its business activities.

The bid is open from March 4 and closes on March 23.

Let us remind that, in January, the Belgrade Stock Exchange announced the intention of the takeover of the entire Port of Belgrade by Metico. It was said at the time that the bid would be published upon approval of the Republic of Serbia Securities Commission.

Luka Beograd a.d. Beograd

METICO INVESTMENT DOO BEOGRAD

Centralni registar HOV ad Beograd

Komisija za hartije od vrednosti Republike Srbije Beograd

Luka Beograd ad

Port of Belgrade

Metico investment Belgrade

Central Securities Depository and Clearing House

Republic of Serbia Securities Commission

shares

bid

takeover

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