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Subotic & Jevtic Advise Lukoil Srbija on Capital Increase

Subotic & Jevtic Advise Lukoil Srbija on Capital Increase

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Belgrade's Subotic & Jevtic law firm has advised Lukoil Srbija a.d. on a capital increase amounting to approximately EUR 62 million.

Subotic & Jevtic describes Lukoil as "a joint-stock company engaged in the distribution of petroleum products, with the second position in regard to the number of filling stations present in the market of the Republic of Serbia." As part of the company's capital increase, 8 million new shares were offered at a fixed subscription price of 1000 RSD per share. According to Subotic & Jevtic, "the offer was limited to existing shareholders of Lukoil and the increase was performed with the full implementation of the prior publication of the valid prospectus in line with the Law on Capital Market of the Republic of Serbia. The capital increase was dully registered with the Business Registers Agency on January 17, 2019."

The Subotic & Jevtic team was led by Partner Julijana Jevtic.

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