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With regard to the public announcement of 19 August 2010 we inform the shareholders and the public about the number of acquired treasury shares |
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At 19 August 2010, Sava d.d. announced its intent to repurchase treasury shares, i.e. 3,289 shares in total, representing 0.16% of company share capital. In the period from the announcement date until 31 August 2010, the company acquired 2,279 treasury shares in the total amount of €370,934.04. At 31 August 2010, Sava d.d. had 5,568 treasury shares in total representing 0.28% of its share capital.
The purpose of repurchasing treasury shares is the second and eighth indent of first paragraph of Article 247 of the Companies Act-1. The total proportion of the shares together with its other treasury
shares, which the company already holds, may not exceed 10 per cent of the share capital.
The transaction was carried out in the regulated stock exchange market of Ljubljana Stock Exchange, stockbrokers being Hypo Alpe-Adria-Bank d.d., GBD d.d., PFCI d.o.o. and Ilirika d.d.
Sava d.d. will inform the public about acquisitions of treasury shares every fourteen days. This announcement is released on the official company website at www.sava.si.
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Sava Group adopts new measures under the Family-Friendly Company Project |
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Kranj, 30 August 2010 – After a three-year period of carrying out the measures under the Family-friendly company projects has finished, and the audit for a full Family-friendly company certificate was successfully passed. For the next certification period, 2010-2013, the Sava Group has adopted new measures such as children time bonus, granting scholarships to children, a reward upon childbirth, New Year's entertainment for children, loans and financial aid to employees. In connection with the latter, the Sava Group already made possible for the children of their employees to spend a week at the seaside.
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Respond to the article »KAD and SOD Agitated«, Svet on Kanal A, 27 August, and additional explanations about certain articles in the media |
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In the broadcast Svet na Kanalu A, an article was announced on 27 August with a title KAD and SOD Agitated, which quoted numerous untrue facts. To correctly inform the shareholders and the interested public we hereby sharply reject these untruths. With regard to the mentioned article and also certain other reports in the media that have been published recently, we give a detailed explanation.
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Sava at half-year: Rubber Manufacturing excellent despite the crisis, the generated profit of Sava d.d. and the Group swept away due to an impairment of the investment in Merkur |
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Kranj, 27 August 2010- At yesterday's, 17th regular meeting, the Supervisory Board dealt with and adopted the interim report of the Sava Group and the parent company Sava d.d., and become acquainted with the monthly report for the period January-July 2010. When discussing business results it devoted a special attention to the movement of the Sava share price on the Ljubljana Stock Exchange, repurchasing treasury shares and current events in connection with the investments Sava d.d. has in Merkur d.d.
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Acquiring treasury shares |
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Kranj, 10 August 2010 - At Sava d.d. we estimate that the price which the Sava share now achieves on the stock exchange market is strongly undervalued considering the evaluation of the assets that Sava d.d. has. We, therefore, inform the public that in accordance with the provisions of the second and eighth indent of the first paragraph of Article 247 of the Companies Act, Sava will begin to repurchase treasury shares on the regulated market of the Ljubljana Stock Exchange.
Every fourteen days, Sava d.d. will inform the public about acquisition of treasury shares and the change in total number of shares with a voting right.
Sava d.d.
Corporate communications |
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