Details of the basis of transfer
No. and date of the decision of issuer’s shareholder meeting concerning transfer of shares to the acquiring party No. 1-98/2022 dated 26 July 2022
No. and date of the decision of the registration court concerning registration of the resolution to register the decision on transfer of shares to the acquiring party in the court register  057-0-Reg-22-001571 of 15 August 2022
Issuer details
Name: ZLATEL AD BANJA LUKA
Registered address:          Kozarska br. 27, Banja Luka
Registration no.: 11200648
Code: ZTEL
Acquiring party details
Name: Zlatko Telalović
Address:         Save Ljuboje br. 12, Banja Luka
Transfer of shares details
Date of transfer of shares 22 August 2022
Price per share 1,1415 BAM
NOTE: REVIEW OF THE FEE BY THE COURT According to Article 438d of Companies Act, if the offered fee is not appropriate, any minority shareholder may, within 30 days of the day of registration of the decision on transfer of shares to the controlling shareholder/acquiring party in the court register, propose that the court determine an appropriate fee in an out-of-court proceedings. A minority shareholder has the same right if the controlling shareholder/acquiring party failed to make a proper payment (i.e. it did not compute interest, did not make the full payment etc.), as well as in the case of failure to offer an appropriate cash compensation for the shares of an individual minority shareholder within 30 days of the receipt of claim from any remaining company shareholders.
Deadline for review of the fee by the court by 14 September 2022
REMARK: STATUTE OF LIMITATIONS FOR RIGHT TO PAYMENT OF THE CASH FEEPursuant to Article 440 of the Companies Act the right to payment of the cash fee becomes a subject of statute of limitations within three (3) years as of the day of registration of the decision on transfer of shares in the court register, after which the funds that were deposited as the cash fee will be transferred to the Republic of Srpska budget.
The right of minority shareholders to be paid a cash fee becomes subject of statute of limitations On 15 August 2025