Halt on the Sales Process of Datalab Tehnologije d. d.

17 Oct 2019

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

On 16 April 2019, DATALAB Tehnologije d. d. published an announcement that a Letter of intent to sell Datalab Tehnologije d. d. shares was signed.

The management of Datalab Tehnologije d. d. was notified by the signatories of the Letter of intent to sell Datalab Tehnologije d. d. shares that the negotiations with the potential investor were unsuccessful despite the effort to successfully complete the process, and that the sales process with the potential investor was halted on 16 October 2019. It is the opinion of the management of Datalab Tehnologije d. d. that the halted sales process will not affect the continued development and operations of the company, which will continue executing its long-term strategy and future development of the Datalab Group.

The management invites all shareholders to a consultation meeting to discuss options for restructuring the company’s ownership or continue with the sales process with another buyer. The meeting will take place on 11 November 2019 at 14:00 in the main meeting room of the company HQ. Please sign up for the meeting by 4 November 2019 via e-mail at investor@datalab.si.

This notice will be publicly available at the company’s website (www.datalab.eu) from 17 October 2019 for at least five years.

 

Ljubljana, 17 October 2019

Datalab Tehnologije d.d. Management