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 “7 JULI“, SIRIG
ID no.: 08053073
Procedure code: JP 26/15
The Agency hereby invites all persons interested to participate in privatization of the company Akcionarsko društvo “7 Juli“, Sirig, ID no.: 08053073 (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 participation in the Procedure (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
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Business name: |
Akcionarsko društvo “7 Juli“, Sirig |
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Registered seat: |
Međunarodni put bb, Sirig |
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ID no.: |
08053073 |
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Core activity: |
Growing of other annual and biennial plants |
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Structure of capital (CSD and Clearing House): |
Privatization Agency: 69.99971% (146,823 shares) Other shareholders: 30.00029% (62,925 shares) TOTAL 100% (209,748 shares) |
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Original capital (BRA): |
Registered cash capital: EUR 2,670,948.71 Paid-in cash capital: EUR 2,670,948.71 ; July 15, 2008 |
3. Description and value of the subject of sale
Subject of sale is the Block of shares composed of 146,823 shares CFI code ESVUFR, ISIN no.: RSJUSIE20359 owned by Privatization Agency, which represents 69.99971% of the total Privatization Entity’s capital.
According to the certified appraiser’s report, the total estimated value of capital (as of 31 December 2013) offered for sale is: EUR 3,604,039.77.
On May 14 2015, the RS Government rendered the Conclusion 05 no.: 023-2105/2015-1, by which the state owned creditors are obliged to write-off the debt as of 31 December 2013 against Privatization Entity, if its capital is sold within the privatization procedure.
4. 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, which capital is offered for sale, or EUR 3,604,039.77.
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