The Board of Experts of the Insurance Supervision Agency at its last meeting held on 27 February, acting upon the request of Grazer Wechselseitige Versicherung Aktiengesellschaft AG from Graz, Republic of Austria for obtaining a qualified participation in EUROLINK Skopje, a Joint Stock Company for insurance, has issued an approval for the above in the aforementioned undertaking.
According to this Decision, which shall enter into force on the date of its adoption, the Grazer Wechselseitige Versicherung Aktiengesellschaft AG based in Str. Herrengаsse No.18-20, 8010 Graz, Republic of Austria is hereby authorized to acquire shares representing a total cumulative amount in excess of 75% of the total voting shares issued by the EUROLINK Skopje Joint Stock Company.
Grazer Wechselseitige Versicherung Aktiengesellschaft AG shall make the transaction for acquisition of the shares within 60 days of receipt of this decision and notify the Insurance Supervision Agency within 5 (five) business days of shares acquisition.