HANFA Orders Suspension of Trading with Agrokor Shares

By 1 March 2018

ZAGREB, March 1, 2018 - Following the Zagreb Stock Exchange’s (ZSE) decision to resume trading with stocks of companies from the Agrokor Group on 2 March (Friday), the Croatian Financial Services Supervisory Agency (HANFA) said on Thursday it had ordered the ZSE to suspend without delay trading with the said stocks in order to protect investors and secure organised and regular trading.

The HANFA Board on Thursday ordered the ZSE to suspend, temporarily and without delay, the trading with stocks of Belje, Jamnica, Ledo, PIK-Vinkovci, Tirak, Vupik, Zvijezda and Žitnjak.

"Given various stakeholders and other persons involved in the emergency administration procedure, the effects of the developments involving Agrokor on the Croatian economy, unverified information of speculative nature... HANFA has found that the efficiency of the process of managing regular and privileged information is at risk," the agency said in a press release.