1. In conjunction with the provisions of article 6.2. of the agreement for transfer of company shares from the capital of Leventa EOOD, concluded by and between Prista Oil Holding EAD and Monbat AD dated 22.03.2019, Monbat AD has exercised the put option stipulated to its benefit, manifested in the right, but not the obligation for Monbat AD to request reverse sale of the shares of Leventa EOOD. As the result of the right exercised, Prista Oil Holding EAD shall have the obligation of acquiring 54% of the capital of Leventa EOOD and shall pay their equivalence to the amount of BGN 2 933 700.
2. In conjunction with the provisions of article 2.5. of the Additional Agreement to Deposit Agreements, concluded on 01.02.2019, by and between Prista Oil Holding EAD and Monbat AD, Monbat AD has made a written claim to Prista Oil Holding EAD for partial payment of the amount of the deposits to a value of BGN 1 955 800.
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