The District Court in Ljubljana notified Sava, d.d. of issuance of a temporary injunction, based on which DUTB, d.d. (hereinafter: BAMC) and DUP1, d.d. are prohibited to realise a collateral through selling or appropriation of the shares of Sava Turizem d.d.
This means that BAMC and DUP 1, d.d. have lost their right of exercising the lien on the shares of Sava Turizem d.d. until the final decision by the Court. In the event of violating the temporary injunction, a financial penalty shall be imposed on BAMC and DUP1, d.d. This temporary injunction is necessary in order to prevent causing a possibly irreparable damage to Sava d.d., as the said shares represent 99.05% of its equity holding of Sava Turizem d.d.
Sava d.d.
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