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
DUVAN AD, LjUBOVIJA ID: 07116209
Procedure code: JP 40/15
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 DUVAN AD, LjUBOVIJA, ID: 07116209 (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
According to the Register of Business Entities kept by the Business Registers Agency, the following table provides basic information about the Privatization Entity.
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Business name:
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DUVAN Akcionarsko društvo za proizvodnju i preradu duvana, Ljubovija
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Registered seat:
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Zvornički put bb
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ID number:
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07116209
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Core activity:
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Manufacture of tobacco products
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Structure of capital (CSD and Clearing House):
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Total registered capital of the Privatization Entity is share capital issued within one emission of shares CFI code ESVUFR, ISIN No. RSDVLJE53206 with total of 11,773 shares of which:
- 6,450 shares or 54.78638% of capital is owned by the Shareholders Fund аd, Belgrade;
- 1,177 shares or 9.99745% of capital owned by the Republic PIO Fund and
- 4,146 shares or 35.21617% of capital owned by other shareholders
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Value of capital:
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Registered cash capital
EUR 2,328,514.68
Paid-in cash capital
EUR 2,328,514.68; May 15, 2002.
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- Description and value of the subject of sale
Subject of sale is the Block of shares composed of 7,627 shares CFI code ESVUFR, ISIN no.: RSDVLJE53206, representing 64.78383% % of the Privatization Entity’s total capital, which encloses:
- 6,450 shares owned by the Shareholders Fund аd, Belgrade, CFI code ESVUFR, ISIN no.: RSDVLJE53206, representing 54.78638% of the Privatization Entity’s total capital and
- 1,177 shares owned by the Republic PIO Fund, CFI code ESVUFR; ISIN no.: RSDVLJE53206, representing 9.99745% of the Privatization Entity’s total capital.
- Starting price of the subject of sale
Starting price of the Block of shares offered for sale is EUR 1,347,640.00.
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
