Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/2014 and 46/15) and Article 5 of the Decree on conditions, procedure and manner of sale of capital and assets by method of public collection of bids with subsequent public bidding (“Official Gazette of RoS“ no. 122/2014 and 61/15), Privatization Agency (hereinafter: the Agency) hereby announces:
PUBLIC INVITATION
FOR PARTICIPATION IN THE PROCEDURE OF PUBLIC COLLECTION OF BIDS
WITH SUBSEQUENT PUBLIC BIDDING
FOR THE SALE OF CAPITAL OF PRIVATIZATION ENTITY
IZDAVAČKO PREDUZEĆE RAD AD, BEOGRAD
ID no.: 07012209
Procedure code: JP 147/15
The Agency hereby invites all domestic or foreign legal entities and/or individuals, as well as Consortium of legal entities and/or individuals interested to participate in the privatization procedure of privatization entity IZDAVAČKO PREDUZEĆE RAD AD, BEOGRAD, ID no.: 07012209 (hereinafter: Privatization Entity) via model: SALE OF CAPITAL of Privatization Entity, by method of public collection of bids with subsequent public bidding (hereinafter: Procedure), to submit their applications for the selection of the most favorable bidder (hereinafter: Application).
1. Qualification requirements for participation in the Procedure
Domestic and foreign, physical and legal entities, as well as consortium of legal and/or physical entities shall have the right to participate in the Procedure.
2. Information about the Privatization Entity
Business name: |
IZDAVAČKO PREDUZEĆE RAD AD, BEOGRAD |
Registered seat: |
07012209 |
Structure of capital (CSD and Clearing House): |
Total registered capital of Privatization Entity is share capital issued within one emission of shares CFI code ESVUFR ISIN no. RSPRADE52586, with total of 20,312 ordinary shares, out of which 14,188 shares or 69.85033% of capital is owned by RS Privatization Agency whereas 6,124 shares or 30.13982% capital is owned by other shareholders. |
Value of capital (BRA): |
Registered cash capital EUR 128,173.74 Paid-in cash capital EUR 128,173.74 as at 31 December 2007 |
3. Description and value of the subject of sale
Block of shares offered for sale by the Agency consists of 14,188 shares CFI code ESVUFR, ISIN no RSPRADE52586, which represents 69.85033% of the total Privatization Entity’s capital.
According to the certified appraiser’s report, the total estimated value of capital as at 31 December 2014, that is offered for sale is EUR 2,676,068.66.
RS Government rendered the Conclusion 05 no.: 023-8283/2015 dated 6 August 2015 on amendment to Conclusion 05 no: 023-4103/2015 dated 16 April 2015 on conditional debt write-off for the Privatization Entity by which Conclusion the state creditors are obliged to write off the Entity’s debt as at 31 December 2014, if the Entity’s capital is sold within privatization procedure.
4. Starting price of the subject of sale
Staring price of the Block of shares offered for sale is EUR 1,338,034.33.
Deposit by the buyer shall be included in the sales price.
Currency of payment shall be Euro (EUR) or dinar (RSD - equivalent calculated at the average exchange rate for the euro by National Bank of Serbia on the payment date).
Declared buyer shall pay the sales price in whole.
Public invitation