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
JSC DRAGAN MARKOVIC BELGRADE-OBRENOVAC
ID: 07042442
Procedure code: JP 38/15
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 JSC DRAGAN MARKOVIĆ BELGRADE-OBRENOVAC, ID:07042442 (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).
- 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.
- Information about the Privatization Entity
|
Business name:
|
Joint-stock company for production, processing and trade of agricultural products, Dragan Markovic Obrenovac
|
|
ID number:
|
07042442
|
|
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 NoRSDRMAE52971, with total of 958,261 shares, of which 685,617 shares or 71.54804% capital is owned by Republic of Serbia, 4,062 shares or 0.42389% capital is owned by the Shareholders Fund jsc Belgrade, and 268,582 shares or 28.02806% capital is owned by other shareholders.
|
|
Capital Value (BRA):
|
Registered cash capital
EUR 11,857,965.44
Registered non-cash capital
EUR 11,857,965.44 April 24, 2007
|
- Description and value of the subject of sale
Subject of sale is the Block of shares composed of 685,617 shares CFI code ESVUFR, ISIN no: RSDRMAE52971, representing 71.97193% of the total capital of Privatization Entity, which comprises of:
- 685,617 shares CFI code ESVUFR, ISIN no: RSDRMAE52971, owned by Republic of Serbia, representing 71.54804% of the total capital of Privatization Entity and
- 4,062 shares owned by the Shareholders Fund jsc Belgrade, CFI code; ISIN no: RSDRMAE52971, representing 0.42389% of the total capital of Privatization Entity.
According to the certified appraiser’s report, the total estimated value of capital offered for sale as of 31 December 2013, amounts: EUR 9,356,870.
The Government of the Republic of Serbia adopted the Conclusion 05 No: 023-14982/2014-1 as of 27January 2015, by which the state creditors are obliged to write off the Privatization entity’s debt as of 31 December 2013, if the Company’s capital is sold in the process of privatization.
- Starting price
Starting price for the subject of sale is 100% of the estimated value of capital, or EUR 9,356,870.
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.
