Pervanovo Invest AB made an offer for remaining 1.32% stake in Spacva d.d. (ZGSE:SPVA) for HRK 3.5 million on September 16, 2021. Offer price HRK 50.8 per share. As of December 8, 2021, Pervanovo holds 98.96% of the capital of Spacva. As of September 16, 2021, Croatia's financial services regulator Hanfa approved the transaction. As on December 10, 2021, Croatia's central depository agency approved a proposed squeeze out of minority shareholders of wood processing company Spacva. Pervanovo Invest AB completed the acquisition of remaining 1.32% stake in Spacva d.d. (ZGSE:SPVA) on November 8, 2021. Pervanovo received an acceptance for 15,028 shares representing a stake of 0.28% of Spacva's equity capital. Pervanovo now holds 98.96% of the capital of Spacva. Pervanovo has filed a request to the central depository agency to squeeze out the owners of the remaining 52,078 shares that it does not own yet in Spacva at a price of HRK 50.8. On December 10, 2021, Croatia's central depository agency approved a proposed squeeze out of minority shareholders of Spacva. The last trading day for Spacva's shares on the ZSE is December 14, 2021. Spacva will be delisted from The Zagreb Stock Exchange on December 17, 2021.