Croatian Financial Services Supervisory Agency Zagreb Stock Exchange

Croatian news agency HINA Company website

Security: KOEI-R-A

ISIN: HRKOEIRA0009

LEI: 74780000H0SHMRAW0I15

Home member state: Croatia

Regulated market segment: Official Market of the Zagreb Stock Exchange

Zagreb, 16 June 2021

Subject:

Information about the merger between the companies Končar - Power Plant and

Electric Traction Engineering Inc. as the acquiring company and Končar -

Engineering Co. for Plant Installation & Commissioning Inc. as the acquired

company

Končar - Electrical Industry Inc. Zagreb, as the issuer whose securities are listed on the official market of the Zagreb Stock Exchange, announces a change to be realised as part of the restructuring process within the companies of the Končar Group, based on decisions of the Management and Supervisory Boards of Končar - Electrical Industry Inc.

On 15 June 2021, extraordinary General Assembly meetings of the companies Končar - Power Plant and Electric Traction Engineering Inc. and Končar - Engineering Co. for Plant Installation

  • Commissioning Inc. were held, at which meetings the Decision on Approval of the Merger Agreement concluded on 1 June 2021 between Končar - Power Plant and Electric Traction Engineering Inc., as the acquiring company, and Končar - Engineering Co. for Plant Installation
  • Commissioning Inc., as the acquired company, was adopted, along with the Decision on Increasing the Share Capital of the Acquiring Company in order to implement the merger.

Končar - Electrical Industry Inc. Zagreb expects the said merger to have a positive effect on the operations of Končar Group in the upcoming period.

Končar - Electrical Industry Inc.

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Koncar - elektroindustrija dd published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2021 14:21:02 UTC.