On 9 January, the 7th AGM of  Sava Turizem d,d, was held in the hotel Golf in Bled; Sava d.d. holds a 99.05% equity shareholding in Sava Turizem d.d. 99.05% of total capital of the company with voting rights   (39,308,317 shares) was present, which was represented by the shareholder Sava d.d.  

In the meeting of the consortium held on 22 December 2011, the members of the consortium for a joint sale of the equity holding in Abanka Vipa d.d. became acquainted with the report by the common financial advisor - the international investment bank ING – about the results of the sale procedure in connection with the sale of the equity holding in the a.m. bank until that time, on the basis of which they made a decision about further activities of the consortium.

On the basis of the resolution made by the AGM of Sava Hoteli Bled d.d. on 24 November 2011 (see SEOnet 24/11/2011), the merger of the companies Terme Ptuj d.o.o., Zdravilišče Radenci d.o.o., Terme 3000 d.o.o. and Terme Lendava  d.o.o., to the company  Sava Hoteli Bled d.d. was registered on 30 December 2011, and the company was renamed Sava Turizem d.d.  After this merger, the share capital of the company Sava Turizem d.d. totals €39,684,899.19 and is distributed in 39,684,899 ordinary registered no-par value shares. Sava Turizem d.d. is under 99.05% ownership of the parent company Sava d.d.

Corporate Communications
Sava d.d.

In the afternoon hours of December 14th, 2011, Sava d.d. received a press release and shortly afterwards an email with questions from the Minor Shareholders’ Society (Društvo MDS). In the press release and the letter, the MDS Society reproaches Sava d.d. with insufficient information of shareholders, and indirectly raises doubts about economic effectiveness of two stock-exchange transactions which influenced the below changes in ownership structure:

• increase of the Sava d.d. ownership stake by 0.43 per cent (from 21.34 to 21.77 per cent of ownership) in the investment in Maksima Invest d.d., and
• increase of the Sava d.d. ownership stake by 8.58 per cent (from 0.45 to 9.03 per cent of ownership) in the investment in Finetol d.d.

Kranj, 14 December 2011 – At yesterday's, the 30th regular, meeting the  Supervisory Board of Sava d.d. became acquainted with the business plan of the Sava Group and Sava d.d. for 2012 and the current information about the  implementation of the restructuring strategy of the Sava Group.