Tikka Investments Limited has sold its receivables towards Solivary Prešov, a.s. and Štúdium Koliba in the total nominal value of SKK 710 million. At the same time, the Penta Group sold its shareholding interest in 1. garantovaná.
"We have never perceived our investment in 1. garantovaná as strategic. Given the fact that Tikka, represented by our company, has sold its receivables, we no longer see the sense of being shareholders of 1.garantovaná," Pavel Petrík, Penta´s investment manager said.
Transactions were executed at the beginning of September 2007. From such moment, Penta is no longer a shareholder of 1.garantovaná. Based on the requirement of purchasers, the contracting parties agree not to disclose their names and values of transactions.
The Penta private equity group is also interested in selling its 28% interest in NCHZ Nováky together with the majority owner, being 1. garantovaná.
"We declare our interest and readiness to proceed in such a manner that our potential interested party is offered a complete block of shares. The best possible price for all shareholders will thereby be reached," Pavel Petrík said.
Penta in 1. garantovaná:
- in 2005, Penta purchased 28% of shares of NCHZ in a tender declared by a consortium of banks. In the competition of 6 interested parties, Penta offered the highest price for shares.
- in 2006, Tikka Investments, being a client of Penta, purchased receivables towards Solivary Prešov and Štúdium Koliba in a tender organized by the National Property Fund for the sale of 253 receivables in total, in the total nominal value of more than SKK 15.5 billion.
- the shareholding interest of Penta in 1.garantovaná represented approximately 2%.