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
PPT ARMATURE AD, ALEKSANDROVAC
ID: 07624000
Procedure code: JP 46/15
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 PPT ARMATURE AD, ALEKSANDROVAC, ID no.: 07624000 (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 if they meet the following requirements:
- They have been engaged in development, production and sale of precision metal fittings for pipe conduits for fluid under pressure for at least ten years.
If the potential Buyer is a consortium of natural and/or legal entities, it must fulfill the following requirements: at least one member or more members of the consortium with a total share of at least 51% has been engaged in the development, manufacture and sale of precision metal fittings for pipe conduits for fluid under pressure for at least ten years, or has at least ten years of experience in the development, production and sale of precision metal fittings for pipe conduits for fluid under pressure.
- Information about the Privatization Entity
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Business name:
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Preduzeće za proizvodnju i promet armatura PPT ARMATURE AD, ALEKSANDROVAC
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Registered seat:
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Kruševačka 30
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ID no.:
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07624000
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Core activity:
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Manufacture of other parts and accessories for motor vehicles
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Structure of capital (CSD and Clearing House):
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98.05340% of the socially-owned capital (not expressed in shares) and 1.9466% of share capital. Share capital is expressed as 11,573 shares CFI code ESVUFR, ISIN no.:RSARALE71870, with total of 178,468 ordinary shares, of which 8,025 shares or 1.34982% of capital is owned by small shareholders and 3,548 shares or 0.59678% of capital is in the ownership of legal entities - .Prva petoletka Holding AD Trstenik.
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Value of capital (BRA):
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Registered cash capital
RSD 273,481,500
Paid-in cash capital
RSD 273,481,500; June 29, 2006
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- Description and value of the subject of sale
- 70% of the socially-owned capital, representing 68.63738% of the total Company’s capital.
RS Government rendered the Conclusion 05 no.: 023-4445/2015 dated 23 April, 2015 by which state creditors are obliged to conduct the debt write-off (as of 31 December 2013) towards the Privatization Entity, if the Entity’s capital is sold within the privatization procedure.
- Starting price of the subject of sale
Staring price of the Block of shares offered for sale is EUR 2,270,695.92.
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.
