In accordance with Article 260, paragraph 1 of ZSE Rules, ZSE placed the issuer SLAVONSKI ZATVORENI ALTERNATIVNI INVESTICIJSKI FOND S JAVNOM PONUDOM dioničko društvo into observation segment due to the obligation to announce a takeover bid for SLAVONSKI ZATVORENI ALTERNATIVNI INVESTICIJSKI FOND S JAVNOM PONUDOM dioničko društvo by Inspire Investments d.o.o. and the companies with which the bidder acts jointly.