Sava shareholders approve debt-to-equity conversion, capital increase

Ljubljana, 30 August - The shareholders of Sava, a majority state-owned tourism group, approved on Friday a debt-to-equity conversion of claims held by Slovenian Sovereign Holding (SSH) and the state-owned KAD fund totalling EUR 35.9 million. They also endorsed a EUR 4 million capital increase that SSH and KAD will not take part in.