Company Impol 2000, d.d., has at an auction purchased the offered share of Impol from state-owned funds Kad and Sod, company DSU, Probanka and Probanka DZU for 44.8 million EUR. Company Impol 2000, d.d., includes 1,260 shareholders, namely employees, former employees and retired individuals. The public invitation for participation at an auction for the sale of shares of company Impol, d.d., in one package, was published on 26 September this year. Sellers were offering 1,844.917 ordinary shares or 45.51 percent of share capital of Impol. The starting price per share was 24.30 EUR. Kad owned 392,596 shares of Impol, Prvi pokojninski sklad, which is managed by Kad, held 587,550 shares, Sod held 462,588 shares and D.S.U. družba za svetovanje in upravljanje owned 244,836 shares of the company. Probanka owned 46,322 shares and mutual fund Probanka globalni naložbeni sklad, which is managed by asset management company Probanka družba za upravljanje, held 111,025 shares of Impol. The president of the management board Jernej Čokl stated the proxy company Impol 2000, d.d., paid 44.8 million EUR for the offered package of shares and has thus become the owner of 94 percent of Impol. The proxy company assured the purchase money by taking a loan with a consortium of banks. The purchase money will be paid on 2 November 2007. Kad will receive a total of 9.5 million EUR, Prvi pokojninski sklad 14.3 million EUR and Sod 11.2 million EUR. 3.1 percent of shares of Impol still remain on the market and company Impol 2000 guarantees the same price for these shares also in the next years. The president of the management board of Impol, d.d., and of proxy company Impol 2000, d.d., Jernej Čokl explained the reasons for the purchase of offered shares: "We were very reserved at the auction, because every step represented an addition of 922,000 EUR to the starting price. It turned out that only our offer met the tender specifications. The purchase was transparent and we paid a fair price for the offered share. When privatization started a couple of years ago, I wanted Impol to remain in the hands of people form Slovenska Bistrica. This has come true now. Company Impol 2000 unites 1,260 shareholders, namely employees, former employees and retired workers. We anticipate that the share price of Impol 2000 will continue to grow in the future. With the purchase of this share, Impol remains in our hands, which represents an obligation and an opportunity. We must prove that we are capable of assuring successful operations of the company on the global market also in the future." |