Hanfa Board meeting: ING-GRAD d.d. from Zagreb gets approval for a prospectus relating to the public offering and admission of shares to the regulated market

At its meeting held today, the Board of the Croatian Financial Services Supervisory Agency (Hanfa) adopted a decision granting approval to the company ING-GRAD d.d., Zagreb, for a prospectus relating to the public offering and admission of shares to the regulated market of the Zagreb Stock Exchange.

The public offering includes up to 1,200,000 registered dematerialised ordinary shares with the nominal value of EUR 1.00 per share, and a total nominal value of EUR 1,2 million.

On 9 January 2025, the General Meeting of the Issuer adopted the Decision on the listing of shares on the regulated market of the Zagreb Stock Exchange. On 13 February 2025, the Management Board of the company adopted the Decision on the sale of own shares by public offering and on the listing of shares to the Official Market of the Zagreb Stock Exchange.

The Issuer holds a total of 1,356,600 own shares (34 percent), of which 1,200,000 shares are included in this public offering. The remaining 66 percent is held by a natural person.

The public offering will be carried out in a single round, and will include an offer to employees, an offer to qualified investors and an offer to retail investors. The minimum investment is set at EUR 500 for employees and retail investors, and at EUR 50,000 for qualified investors.

Given that the company has met all the necessary requirements, Hanfa has issued the decision, therefore, the announcement of a public call for subscription of the company's shares can be expected soon.

More details about this and other decisions from today's meeting are available here.