Public invitation for participation in the procedure of public collection of bids with subsequent public bidding for the sale of capital of Privatization Entity AKCIONARSKO DRUŠTVO ZA POLjOPRIVREDNU PROIZVODNjU DOLOVO, DOLOVO

28. May 2015.
Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/2014) 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), 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
AKCIONARSKO DRUŠTVO ZA POLjOPRIVREDNU PROIZVODNjU ''DOLOVO'', DOLOVO
ID: 08047685
 
Procedure code: JP 34/15
 
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 Akcionarsko društvo za poljoprivrednu proizvodnju “DOLOVO'', DOLOVO, ID: 08047685((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 favourable 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.
 
  1. Information about the Privatization Entity
 

Business name:
Akcionarsko društvo za poljoprivrednu proizvodnju “Dolovo“
ID no. број:
08047685
Registered seat:
Kralja Petra I 1, Dolovo
Core activity:
Growing of other annual and biennial plants
Structure of capital (CSD and Clearing House):
Privatization Agency RS 71.24697% (299,290 shares)
Shareholders Fund АD, Belgrade 12.06573% (50,685 shares)
Other shareholders 16.68730% (70,099 shares) 
Total:                                              100%          (420,074 shares)
Value of capital (BRA):
Registered cash capital
EUR 5,096,354.43
Registered non-cash capital
EUR 190,077.90
Paid-in cash capital
EUR 5,096,354.43; December 31, 2006.
Non-cash capital contribution
EUR 190,077.90; February 9, 2009.

 
  1. Description and value of the subject of sale
 
Subject of sale is the Block of shares composed of 349,975 shares CFI code ESVUFR, ISIN no.: RSDOLOE52955, representing 83.3127% of the Privatization Entity’s total capital, which encloses:
-       299,290 shares CFI code ESVUFR, ISIN no.: RSDOLOE52955, owned by Privatization Agency, representing 71.24697% of the Privatization Entity’s total capital and
-       50,685 shares owned by the Shareholders Fund АD, Belgrade, CFI code ESVUFR; ISIN no.: RSDOLOE52955, representing 12.06573% of the Privatization Entity’s total capital.
 
According to the certified appraiser’s report, the total estimated value of capital (as of 31 December 2013) offered for sale is: EUR1,469,551.88.
 
  1. Starting price of the subject of sale
 
Starting price of the subject of sale amounts to 100% of the estimated value of capital as of 31 December 2013, or EUR1,469,551.88.
 
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
ДОЛОВО АД
Bankruptcy

Company for agricultural production and sale Dolovo ad

Location:

Долово

Core activity:

Growing of other annual and biannial plants

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