PLIVA to File Lawsuit Against HANFA
PLIVA d.d. announced that it plans to file a lawsuit against the Croatian Financial services Supervisory Agency (HANFA) with the Administrative Court of the Republic of Croatia, following the notification received on 22 January 2007 of HANFA's Ruling that PLIVA withheld price-sensitive information from shareholders within the period from 13 March 2006 to 17 March 2006.
PLIVA continues to insist that it acted in line with all the relevant Rules of the Zagreb and London Stock Exchanges and in the best interest of its shareholders, employees and other stakeholders. During the entire transaction, PLIVA fully complied with the Act on Takeover of Joint-Stock Companies, Securities Market Act, Zagreb and London Stock Exchange Rules, and other applicable regulations.
PLIVA notes that HANFA's decision is not representative of the findings of the Zagreb Stock Exchange (ZSE), which today informed PLIVA that, in its letter to HANFA of 12 January 2007, it actually stated that according to its knowledge, there was no infringement of the ZSE Rules, nor any questionable moments in PLIVA's actions.
PLIVA will however comply with HANFA's requirements and inform all shareholders who disposed of their PLIVA shares during the period from 13 March 2006 to 17 March 2006 of HANFA's Ruling.
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