TELEKOM SLOVENIJE, d.d., Ljubljana
Telekom Slovenije, d.d. Signs an Agreement on the Sale of 100% of Blicnet d.o.o., Banja Luka
Pursuant to Article 17, Paragraph 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, to Article 136 of the Market in Financial Instruments Act, and to the provisions of the Ljubljana Stock Exchange Rules and the valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby notifies the public that today, on 2 October 2018, it has signed a purchase and sale agreement with “Telekomunikacije Republike Srpske” joint stock company Banja Luka on the sale of 100% share in Blicnet, d.o.o., Banja Luka, of Bosnia and Herzegovina.
The contracting parties plan for the transaction to be completed by the end of 2018, as soon as all the suspensory conditions agreed in the sale and purchase agreement are finalized. Until the conclusion of the transaction Telekom Slovenije, d.d., will not reveal any further details, including the purchase amount.
The sale of Blicnet d.o.o. is in accordance with the adopted 2018 Telekom Slovenije Group Business Plan, and the Telekom Slovenije Group Strategic Business Plan for the 2018-2022 period.
This announcement will be available on the website of Telekom Slovenije, d. d. (www.telekom.si) for at least 5 years from the date of publication.
Management Board, Telekom Slovenije, d. d.