Russia's SIJ to recapitalize Perutnina Ptuj with EUR 40 million

Shareholders of Perutnina Ptuj backed the idea of having the company recapitalized by Slovenska industrija celika (Slovenian Steel Industry - SIJ) with 98% of votes at the General Meeting. The pre-emption rights of existing shareholders are excluded.
By making a payment of EUR 40 million within the next two months, Slovenska industrija celika will become the largest individual shareholder of Perutnina Ptuj and, based on this, it will prepare a takeover bid. Minor shareholders have already announced they might complain about this decision and ask for the agreement to be canceled.
By the way, the Perutnina Ptuj group generated business revenues of EUR 257 million in 2014, EUR 144 million of which were generated by the parent company. In this period, the group registered EBITDA of EUR 26.3 million and a business profit of EUR 14.3 million.
In 2014, the parent company turned a gross profit of EUR 8.3 million and a net profit of EUR 4.7 million.

Perutnina Ptuj-Topiko Bačka Topola

Peritnina Ptuj Topiko Backa Topola

Slovenska industrija celika

SIJ

Roman Glaser

acquisition of Perutnina Ptuj

Slovenian Steel Industry