Company’s Shareholder Structure
The Andabak family, i.e. Mr. Jako Andabak together with affiliated parties, have since the Company’s incorporation in 2004, held a majority position within the Company. Mr. Jako Andabak directly holds the majority shareholding and voting rights in the shareholder LUCIDUS d.d. Additionally, Mr. Jako Andabak and affiliated parties are the founders of the company SUNCE ULAGANJA d.o.o.
Institutional investors have become significant minority shareholders of the Company by its listing on the Regulated market of the Zagreb Stock Exchange in June 2017 and the share capital increase by means of a cash contribution in September 2017.
Under Zagreb Stock Exchange Rules, a percentage of shares distributed to the public does not include shares held by the issuer (treasury shares) or shares held by persons controlling more than 5% of the total number of shares, with the exception of shares held on common custody accounts and shares held by pension funds.
Changes in ownership of shares of Sunce hotels d.d. are handled by Central Clearing and Depositary Company JSC, on whose web pages an updated list of top ten of the company’s shareholders may be found.