Valamar Riviera d.d. with registered office in Poreč, 1 Stancija Kaligari, personal identification number (OIB): 36201212847 (hereinafter: the Company or Valamar), LEI: 529900DUWS1DGNEK4C68, Member State: Republic of Croatia, ISIN: HRRIVPRA000, Securities: RIVP (RIVP-R-A), Listing: The Prime Market of Zagrebačka burza d.d., hereby announces that on 22nd July 2019 the Commercial Court in Split rendered a Decision on Closing the Bankruptcy Proceedings Related to the Company HELIOS FAROS dioničko društvo za ugostiteljstvo u stečaju, with registered office in Stari Grad, 5 Naselje Helios (hereinafter: HELIOS FAROS). By closing the bankruptcy, Valamar acquires full membership rights as a holder of 2,280,000 shares (representing a stake of 23.61% shares) in the company HELIOS FAROS.

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