The management board of Globe Trade Centre SA (“GTC”), in relation to the current report no 5/2021 dated 22 May 2021, informs that the conditions precedent of the sale purchase agreement (the “Agreement”) concerning the sale of the entire share capital of
- Atlas Centar doo Beograd, Demo Invest doo Novi Beograd, GTC BBC doo, GTC Business Park doo Beograd and GTC Medjunarodni Razvoj Nekretnina doo Beograd, each a Serbian company, 30% owned by GTC and 70% owned by Office Planet Kft. (a Hungarian company 100% owned by GTC Hungary Real Estate Development Zrt), and
- Commercial and Residential Ventures d.o.o. Beograd (a Serbian company 100% owned by GTC) and Office Planet Kft.
(collectively: the “Sale Companies”), among GTC and GTC Hungary Real Estate Development Zrt. as sellers and a Hungarian limited liability company from the Indotek Group as buyer (the “Buyer”) were met and the sale was completed.
Legal grounds: Article 17 section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.
12.01.2022 17:48