Public Invitation - AD "INDUSTRIJA OBUCE BEOGRAD" BEOGRAD

23. October 2015.

Procedure code: JP 167/15

Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/14 and 46/15) and Article 5 of the

Decree on conditions, procedure and manner of sale of capital and assets by method of public collection of bids with

subsequent public bidding (“Official Gazette of RoS“ no. 122/14 and 61/15), Privatization Agency (hereinafter: the

Agency) hereby announces:

PUBLIC INVITATION

FOR PARTICIPATION IN THE PROCEDURE OF PUBLIC COLLECTION OF BIDS

WITH SUBSEQUENT PUBLIC BIDDING

FOR THE SALE OF CAPITAL OF PRIVATIZATION ENTITY

AD “INDUSTRIJA OBUCE BEOGRAD“ BEOGRAD

ID no.: 07031637

Procedure code: JP 167/15

The Agency hereby invites all domestic or foreign legal entities and/or individuals, as well as Consortium of legal entities

and/or individuals interested to participate in the privatization procedure of privatization entity AD “INDUSTRIJA OBUCE

BEOGRAD“ BEOGRAD, ID: 07031637 (hereinafter: Privatization Entity) via model: sale of capital of Privatization Entity,

by method of public collection of bids with subsequent public bidding (hereinafter: Procedure), to submit their applications

for the selection of the most favorable bidder (hereinafter: Application).

1. Qualification requirements for participation in the Procedure

Domestic and foreign, physical and legal entities, as well as consortium of legal and/or physical entities shall have the

right to participate in the Procedure.

2. Information about the Privatization Entity

Business name: AD “INDUSTRIJA OBUCE BEOGRAD“ BEOGRAD

ID number: 07031637

Capital structure (CSD and Clearing House):

- Socially owned capital that is not expressed in shares (non-nominal capital) 97.87045%

- Other shareholders: 59,011 shares CFI code ESVUFR, ISIN no.: RSIOBGE09613, representing 2.12955 % of the total capital

Capital Value : Registered cash capital

EUR 5,147,592.48

Paid-in cash capital

EUR 5,147,592.48; as at November 30, 2004

3. Description and value of the subject of sale

Subject of sale is 70% of the socially owned capital, representing 68.509315% of the total capital of Privatization Entity.

RS Government rendered the Conclusion 05 no.: 023-8329/2015 dated 6 August 2015 on Amendments to Conclusion on

Conditional Debt Write-Off 05 no.: 023-5096/2015 dated 14 May 2015 by which the state creditors are obliged to write off

the debt towards the privatization entity D “INDUSTRIJA OBUCE BEOGRAD“ BEOGRAD as at the last business year, if

the company’s capital is sold within the privatization procedure.

4. Starting price of the subject of sale

Starting price of the capital offered for sale is EUR 264,060.68.

Deposit by the buyer shall be included in the sales price.

Currency of payment shall be Euro (EUR) or dinar (RSD - equivalent calculated at the average exchange rate for the euro

by National Bank of Serbia on the payment date).

Declared buyer shall pay the sales price in whole.

Public Invitation
Индустрија обуће Београд ад, Београд
Equity Fund

Industrija obuće Beograd ad

Location:

Београд

Core activity:

Manufacture of footwear

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