We inform you that Valamar Riviera d.d. seated in Poreč, Stancija Kaligari 1, OIB: 36201212847 (hereinafter: Company) on 5th of July 2016 submitted to the Restructuring and Sale Center (further: CERP) the binding offer for purchase of 318.446 shares of the company IMPERIAL hoteljerstvo, ugostiteljstvo i turizam d.d. seated in Rab, Jurja Barakovića 2 (further: IMPERIAL d.d.), according to the conditions specified in the CERP Bidding documentation for purchase of „IMPERIAL“ d.d. Rab shares.

The shares that are offered for sale represent 50,08% of the share capital of the Company IMPERIAL d.d.

Also we inform you that the Company concluded the Cooperation Agreement with AZ d.o.o., mandatory pension funds management company from Zagreb, Nike Grškovića 31, OIB: 58384724129, which acts in its own name and for the account of managed mandatory pension funds, and by which joint action towards Company IMPERIAL d.d. Rab is established.