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
ZASTAVA METAL AD, RESAVICA
ID: 07609582
Procedure code: JP 44/15
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 PROIZVODNjU DELOVA ZA MOTORNA VOZILA, METALNIH PROIZVODA ZA KABLOVSKU INDUSTRIJU I RUDARSTVO ZASTAVA METAL, RESAVICA, ID: 07609582 (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: |
ZASTAVA METAL AD, RESAVICA |
ID number: |
07609582 |
Capital structure (CSD and Clearing House): |
Total registered capital of the Privatization Entity is shareholders capital issued in one emission of shares CFI code ESVUFR, ISIN No RSZMREE38744, with total of 68,872 shares, of which 48,210 shares or 69.99942% capital is owned by RS Privatization Agency, 1,327 shares or 1.92676% capital is owned by the Shareholders Fund аd Belgrade, and 19,335 shares or 28.07382% capital is owned by other shareholders. |
Capital Value (BRA): |
Registered cash capital EUR 873,068.39 Paid-in cash capital EUR EUR 873,068.39 December 31, 2004 |
3. Description and value of the subject of sale
Subject of sale is the Block of shares composed of 49,537 shares CFI code ESVUFR, ISIN no: RSZMREE38744, representing 71.92618% of the total capital of Privatization Entity, which comprises of:
- 48,210 shares CFI code ESVUFR, ISIN no: RSZMREE38744, owned by Privatization Agency, representing 69.99942% of the total capital of Privatization Entity and
- 1,327 shares owned by the Shareholders Fund аd Belgrade, CFI code; ISIN no: RSZMREE38744, representing 1,92676% of the total capital of Privatization Entity.
4. Starting price
Starting price for the Block of shares subject of sale is EUR 665,467.30.
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 upfront.
Public Invitation