Sale of capital assets
Disclaimer: The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication.
Sale of capital assets in 2018
Activities in connection with the sale of capital assets hld by RS and SSH are planned for assets for which sales activities are envisaged in the Annual Asset Management Plan, which is approved by the RS Government.
Proceeds arising from the sale of capital assets held by RS are transferred to the RS's budget while proceeds arising from the sale of capital assets held by SSH are intended for SSH to be used for settling its liabilities to beneficiaries under the Denationalisation Act, the Cooperatives Act and other regulations governing the denationalisation of property.
Presented below is the list of capital assets owned by RS and SSH envisaged to be sold in an individual year; the list is being updated.
When you wish to express your interest to acquire any of the stated capital assets or obtain additional information in connection with the process for the sale of capital assets, you are invited to submit your interest by post, fax or via the following e-mail address: email@example.com.
|Company||KDD tag||Pillar||Web site||RS ownership stake (%)||SSH ownership stake (%)|
|CASINO BLED, D.D.1||CABR||Economy||www.casino-bled.si/||43.00|
|CASINO PORTOROŽ, D.D.2||CAPR||Economy||www.casino.si/||9.46|
|CETIS, D. D.||CETG||Economy||www.cetis.si/||7.47|
|GORENJSKA BANKA, D.D.||GBKR||Finance||www.gbkr.si/||0.17|
|INTEREUROPA, D. D.||IEKG||Transport||www.intereuropa.si/si/||1.73|
|UNIOR, D. D.||UKIG||Economy||www.unior.si/||39.42|
|VARNOST SISTEMI, D.O.O.||n/a||Economy||http://www.varnost-sistemi.si/||9.74|
1Sale and Purchase Agreement has already been concluded with the buyer. The transfer of shareholding to the buyer will be possible after the amendments to the Gaming Act.
2 An agreement has already been reached with the buyer. The transfer of shareholding to the buyer will be possible after the amendments to the Gaming Act.
3Amendments to the Gaming Act are necessary to be undertaken prior to the launch of any sales activities.
4The Sale and Purchase Agreement has already been concluded. The transfer of shareholding to the buyer will be carried out after the full payment of the purchase consideration and after conditions precedent are satisfied.
5Shareholdings are rounded up to two decimal places.
Activities in connection with the sale of capital assets will continue for all remaining capital assets held by RS and (or SSH and which are classified under the group of portfolio assets, when, subject to the following circumstances - operations of these companies, market conditions and business environment and other factors - it is assessed that it is reasonable to launch the above mentioned activities.
Up until now, 9 companies were sold out of 15 companies stated on the list of assets which had been granted the Parliament's consent for their sale. The decision to renew the process for the sale of Cinkarna Celje, d. d., and Telekom, d. d., will be made by considering the circumstances and factors mentioned above.
In 2018, SSH will reopen the process for the sale of NLB, d. d., if and when RS, acting as the sole shareholder of the said bank, accepts the decision to carry out the sale process.
Subject to opportunities on the market, considering liquidity requirements and taking into account other circumstances, SSH leaves open the possibility to pursue activities for the sale of capital assets held by SSH which, in accordance with the State Assets Management Strategy, have been defined as important and strategic assets but which have not been included in the list mentioned above, specifically, for shareholdings which exceed the statutorily regulated minimum proportion of shares.