INVITATION TO PARTICIPATE IN THE SELLING PROCESS OF
COLOSEUM CLUB, GAMING & ENTERTAINMENT, HIT CASINOS
100% equity stake in the casino operator "HIT COLOSEUM" Društvo sa ograničenom odgovornošću za ugostiteljstvo i turizam d.o.o. Sarajevo, Bosnia and Herzegovina (“HIT Coloseum” or “Company”)
Slovenian company HIT d.d. Nova Gorica, Delpinova ulica 7A, 5000 Nova Gorica, Slovenia (“HIT d.d.” or “Seller”) is contemplating a sale of its 100% equity stake in the company HIT Coloseum, operator of the casino Coloseum Club.
Coloseum Club is located in Sarajevo, the capital city of Bosnia and Herzegovina. As one of the first casinos offering table games Coloseum Club still has a dominant market share in gaming tables in Sarajevo Canton, namely 78.6%. It also has strong local (Sarajevo Canton) market share in slot machines (16.3%) and Entertainment activities (11%). The company is on track with restructuring activities since 2013 results improved over 2012, while capital injection during 2013 provided necessary strengthening of the balance sheet. While currently Coloseum Club is predominantly dependant on domestic and surrounding local market, its position provides an opportunity to tap growing Middle East markets.
An informational presentation document on HIT Coloseum (“Information Memorandum”) is available to Prospective Investors upon request. Furthermore, during the initial phase of the selling process, Prospective Investors can – at own costs – also participate at a preliminary Site Visit of HIT Coloseum (should investors express interest for the aforementioned tour of the facilities and subject to invitation by the Seller).
Should you wish to pursue the acquisition of HIT’s 100-percent equity stake in the Company, you are kindly invited to submit your written, detailed, indicative non-binding bid for the 100-percent equity stake in the Company (“Non-binding Bid”) to ALTA Skupina d.d. by no later than Wednesday, December 10th, 2014.
ALTA Skupina, upravljanje družb, d.d., Železna cesta 18, SI-1000 Ljubljana, Slovenia and its subsidiaries (“ALTA”) have been appointed by the Seller to act as its exclusive financial advisors in connection with the proposed Transaction during the initial phase of the selling process.
Please direct all inquiries with regard to the contemplated transaction and/or HIT Coloseum, including requests for the Information Memorandum and detailed information on the required content of the Non-binding Bid, to Ms. Jasna Brdnik (telephone: + 386 1 32 00 334, e-mail: jasna.brdnik(at)alta.si) at ALTA Skupina d.d., Železna cesta 18, 1000 Ljubljana, Slovenia.