Energia Naturalis Holds Third of Luka Ploče Port

Total Croatia News

ZAGREB, August 16, 2019 – The offer made by the Vukovar-based Energia Naturalis company for the purchase of shares in the Port of Ploče was accepted by 119 shareholders, and as a result of buying an additional 10.36% of the stock, Energia Naturalis now has 36.01% interest in the Luka Ploče joint stock company, the Zagreb Stock Exchange (ZSE) reported on Friday.

On 10 July, Energia Naturalis published its offer for the takeover of the company whose core business are maritime traffic services, stevedoring and warehousing of goods.

The offer expired on 7 August and until then 119 shareholders accepted the offer selling 43,947 shares, which accounted for 10.39% of the entire stock.

Before this round of the acquisition Energia Naturalis held a quarter of the Luka Ploče (108,362 shares), and the latest purchase rose its interest to 152,309 shares, that is 36% of the entire stock.

Recently, the HANFA regulator gave a green-light for Energia Naturalis’s acquisition of those 43,947 shares at the price of 412 per share kuna.

Energia Naturalis (ENNA Group) is a holding company which has about a score of companies, including the PPD Group specialised in distribution and supply of natural gas.

More news about Croatian ports can be found in the Business section.


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