Announcement for Shareholders – 21 August 2017

21 Aug 2017

 

In accordance with the regulations of the Ljubljana Stock Exchange and applicable legislation, Datalab Tehnologije, d. d., is publishing the following message:

 

RR & CO. Raziskave, razvoj in prenos znanja, d. o. o. has initiated enforcement proceedings based on the judgment issued by the Appellate court in Ljubljana, case No. I Cpg 1083/2016 from 7 6 2017, filed under No. I 2374/2017. As a result, the current account of Datalab Tehnologije d. d. has insufficient funds to cover payables. The decision on the enforcement has not yet been served to Datalab Tehnologije d. d.

Datalab Tehnologije d. d. will appeal on all points of law at the Supreme Court of the Republic of Slovenia, because the decision of the Appellate court in Ljubljana is deemed incorrect and illegal.

Datalab Tehnologije d. d. will lodge a complaint against the decision on the enforcement and file for a stay of enforcement. Datalab Tehnologije d. d. expects the court will reach a decision on the stay of enforcement, in which the company petitions for the enforcement to be delayed until the appeal is resolved, in the shortest possible term, around 1 month. Accordingly, this situation is only temporary and meant to prevent RR & CO. d. o. o. from being unable to repay the enforced amounts due to their financial situation (as evident from public records) after a successful appeal.

 

This notice will be publicly available at the company’s website (www.datalab.eu) from 21 August 2017 for at least five years.

Management of Datalab d. d.