Regarding the announced on 09.07.2019 information with the present we would like to inform you that:
Financial
Head Office
32 A Cherni vrah blvd., fl. 4 | 1407 Sofia, Bulgaria
tel. +359 2 962 11 50 | fax: +359 2 962 11 46
e-mail: contact@monbat.com
Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications
LEAD ACID BATTERIES
The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:
RECYCLING
The division operates in recycling and trading activities of
Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.
LITHIUM ION SOLUTIONS
The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:
Financial
1. Regarding the exercised put option in the right but not in the obligation of Monbat AD to request the sale of the shares of the capital of Leventa EOOD, on 29.07.2019 Monbat AD received payment from Prista Oil Holding EAD in the amount of BGN 2 918 916.
2. On 29.07.2019 as a result of a written request from Monbat AD to Prista Oil Holding EAD for partial payment of an amount, in connection with an additional agreement on deposit contracts concluded on 01.02.2019, Monbat AD received the amount of BGN 1 955 800 by Prista Oil Holding EAD.
contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com