The amount of assigned revenue in accordance with Article 21 (3) of the Financial Regulation is estimated at:

Over five thousand small investors have purchased shares in Bosqar Invest, marking a significant milestone in the company's capital structure and investor base expansion. The Croatian investment group Bosqar Invest, which has been acquiring stakes in several companies including Panvita, Mlinar, and recently PIK Vrbovec, announced the final results of its secondary public offering (SPO) of new shares. This initiative took place between June 1 and June 15, during which time investors registered a total of 6,979,765 new shares valued at 177.99 million euros. However, due to the decision outlined in the resolution regarding the increase of the company’s share capital, the maximum number of new shares that could be issued was capped at 5,892,185. As a result, the target issuance amount was set at 150 million euros, with each new share priced at 25.50 euros. Ultimately, Bosqar allocated 5,882,352 new shares to investors who had applied, with a total of 149,999,976 euros collected as payment. Based on the number of registered and paid shares, the company's share capital increased from 15.6 million euros to 23.4 million euros.

The primary objective of this share issuance was to open up the company to the market and expand its investor base, allowing citizens, small investors, and employees to participate in the future growth of the Bosqar Group. This goal was successfully achieved, as over 5,453 small investors subscribed to new Bosqar shares, alongside 26 qualified investors. Darko Horvat, CEO of Bosqar, the parent company of the Bosqar Invest Group, commented on the share sale, stating that the offering marked a historic moment for the Croatian capital market, representing the largest capitalization to date in Croatia. He expressed satisfaction that Bosqar recognized the large number of small investors—over 5,400—and noted his pleasure that among them were also employees of the Bosqar Group, for whom special benefits were prepared under the ESOP program.

The lead agent responsible for the secondary share offering was Zagreb Bank, which actively coordinated activities and collaborated with co-arrangers, including Erste & Steiermärkische Bank, Privredna Banka Zagreb, and Raiffeisenbank Austria. Legal advisors for the Bosqar Invest Group were the law firm Mamić Perić Reberski Rimac, while legal advisors for the lead agent were the law firm Gospić Plazina Štojs. These legal entities played crucial roles in ensuring the smooth execution of the share issuance process.

In addition to institutional support, there was a notable interest from small investors, reflecting confidence in Bosqar’s business model. This continued support from existing investors and partners over the past six years underscores the trust and reputation that Bosqar has built since its first public offering in 2019. International investors also participated in the share subscription, further validating the effectiveness of Bosqar’s operational strategy. One of the main goals of this issuance was to open the company to the broader market and diversify its investor base, enabling citizens, small investors, and employees to contribute to the ongoing growth of the Bosqar Group. This goal was indeed met, as over 5,453 small investors subscribed to new Bosqar shares, along with 26 qualified investors.

Small investors who already have an open SKDD account can check the exact number of shares they received on their investor account by logging into the e-Investor application via their PIN or through the e-Citizen system using the following link: https://www.skdd.hr/portal/f?p=100:1:1182226546456:::::. For investors who have not previously participated in the capital market and do not have an open SKDD account, the SKDD will open an account without additional requirements.

The successful completion of this share issuance is expected to provide additional financial strength to Bosqar as it concludes the acquisition of PIK Vrbovec and shapes a leading food group in parts of Europe. It also supports the continued growth and development of the entire Bosqar Invest Group. With the expanded investor base and increased capital, Bosqar is well-positioned to pursue strategic initiatives and maintain its trajectory of growth and innovation in the region.