Zavarovalnica Sava, d.d. signs deal for 100% of ERGO osiguranje d.d. and Ergo životno osiguranje d.d.

13/04/2018

Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and the Market in Financial Instruments Act, Sava Re, d.d., Dunajska 56, Ljubljana makes the following announcement:

Today in Zagreb, Zavarovalnica Sava, d.d., as the acquirer, and Ergo Austria International AG and Ergo Versicherung Aktiengesellschaft, as the sellers, signed a contract for 100% of the shares in the Croatian-based companies ERGO osiguranje d.d. and Ergo životno osiguranje d.d.

The ownership of the target companies' shares will be transferred to the acquirer after all suspensive conditions have been satisfied.