Sava Re dd : Shareholder not to file the announced challenging action
January 24, 2013 at 04:25 am EST
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Thursday, 24/01/2013
Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and applicable legislation, Sava Reinsurance Company d.d., Ljubljana announces the following:
On 23 January 2013, Sava Re received a written statement of the shareholder who announced, on 11 January 2013 at the 26th General Meeting of Shareholders, a challenging action against the resolution to increase share capital (agenda point 2). In said statement, the shareholder declared not to have filed, not to have the intention to file and not to file the challenging action.
This announcement will be available on the website of Sava Re at www.sava-re.si, at least five years from the date of the announcement.
Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.
POZAVAROVALNICA SAVA, D.D. 
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