LUKA KOPER, d.d., Koper
The Koper District Court annulled temporary injuction regarding conversion of shares
In a commercial dispute as to the adoption of resolutions at Luka Koper 's General Assembly of 19th July 2007 - involving the plaintiffs KD Investments, družba za upravljanje d.d. (KD Investments, a public limited liability management company) and Primorski Skladi d.d. (Primorska Funds, a public limited company), and the defendant Luka Koper d.d. - the Koper District Court has now annulled its temporary injunction of 20th December 2007. The injunction had ordered Luka Koper d.d. to withdraw its demand for the conversion of preference shares into ordinary shares in accordance with the resolution of the General Assembly. By way of this annulment, the Court has confirmed the validity of the actions of the Luka Koper Management Board, which on 12th December 2007 began the procedure for expansion of the listing at the Ljubljana Stock Exchange and the Securities Market Agency. Said action was based on amendments to the company statute as per the Assembly's July 19th resolution, that had been lodged with the competent registry on 24th July 2007, and in concord with which it was necessary to adjust the listing in line with the newly valid status.
Due to the fact that the plaintiffs have been provided leave of appeal against the court's most recent decision, further steps shall only be considered upon any decision becoming final.
This information will be available on company's web site www.luka-kp.si from 20th February 2008.
Date: 20. 2. 2008