The Croatian Financial Services Supervisory Agency (Hanfa) approved a prospectus for TOKIĆ, trgovina, izvoz-uvoz, zastupanje i proizvodnja, dioničko društvo for a public offering of up to 1,200,000 registered ordinary shares without nominal value and for the listing on the regulated market of up to 4,080,000 registered ordinary shares without nominal value. Hanfa also authorised SQ Capital d.o.o. to publish a takeover bid for Čateks d.d. The TOKIĆ offering will combine up to 1,000,000 newly issued shares (from an approved capital increase) and up to 200,000 existing shares offered for sale by the issuer’s sole shareholder, and will be conducted in a single round targeting employees in Croatia and Slovenia, retail investors in Croatia, and qualified investors in Croatia and Slovenia. The takeover bid was submitted in the name of SQ Capital d.o.o. and on behalf of Primus, an open-ended alternative investment fund with a private offering, with an offer price of EUR 43 per ordinary share; Čateks has share capital of EUR 4,948,970 divided into 190,345 registered ordinary shares (EUR 26 nominal value) listed on the Zagreb Stock Exchange Regular Market, and the bidder and persons acting in concert already hold 123,369 shares (64.82%), with the offer covering the remaining 66,976 shares.
Croatian Financial Services Supervisory Agency 2025-09-26
Croatian Financial Services Supervisory Agency approves TOKIĆ prospectus for up to 1.2 million shares and authorises SQ Capital takeover bid for Čateks at EUR 43 per share
The Croatian Financial Services Supervisory Agency approved a prospectus for TOKIĆ's public offering of up to 1,200,000 registered ordinary shares and listing of up to 4,080,000 shares on the regulated market. Additionally, Hanfa authorized SQ Capital d.o.o. to publish a takeover bid for Čateks d.d. at EUR 43 per share, covering the remaining 66,976 shares not already held by the bidder and its affiliates.