News: Tokić shares listed on the ZSE

Following the successful completion of the initial public offering process, Tokić d.d. today ceremonially marked the listing of its shares on the official market of the Zagreb Stock Exchange. The shares carry the ISIN code HRTOK0RA0001 and the trading symbol TOK.

During the IPO, all 1,000,000 newly issued shares were subscribed, and purchase offers were submitted for 154,217 existing shares, resulting in the current shareholders retaining a 71.7% stake. The final share price was set at EUR 20.20, and the total amount of funds raised reached EUR 23,315,183.40.

I would like to thank all investors, especially our employees, for their confidence in our strategy and leadership. The successful IPO and today’s listing on the Zagreb Stock Exchange are a confirmation of the strength of our business model. They will accelerate our investment cycle and allow us to deliver even greater value to our customers and shareholders, said Ivan Šantorić, CEO of the Tokić Group.

More than three decades ago, we started as a family-owned company with a clear goal - to be the first choice for auto parts and mobility expertise. Today, as a publicly listed company, the responsibility is greater, but so is the potential. We will continue investing in people, logistics and technology, expanding our offering and service standards, and building a company that will create long-term value for shareholders and the community, said Ilija Tokić, founder and co-owner of the Tokić Group.

In addition to qualified investors, we are particularly pleased with the strong response from more than 1,700 retail investors and nearly 200 of our employees in Croatia and Slovenia. This is the best confirmation of Tokić’s value as a reliable, transparent, and long-term sustainable company. The funds raised will be directed towards a new logistics and distribution centre, potential acquisitions, and further digitalisation of the business, which will further strengthen our position as the regional market leader in Croatia and Slovenia, said Dražen Jurković, Management Board Member and CFO of the Tokić Group.



In a year in which the domestic market has surpassed even London in terms of the number of initial public offerings, Tokić’s entry further confirms the strength of our market momentum. This year’s IPOs have stimulated record interest from the general public, with a high share of digital subscriptions, which is especially gratifying as it shows how simplifying the entire process contributes to greater participation by retail investors. I would also like to highlight the cross-border dimension through which Tokić opened its doors to Slovenian investors via presentations at the Ljubljana Stock Exchange - a path towards building a unified regional capital market. This listing contributes to further revitalising the Croatian capital market, and we are confident that their continued growth and development will serve as an example for other companies considering going public. The Zagreb Stock Exchange will continue to support all companies in creating an environment that fosters transparency, trust and long-term sustainable growth, said Ivana Gažić, CEO of the Zagreb Stock Exchange.

Retail investors subscribed 37% of the total number of shares offered, of which more than 10% were subscribed by employees. As a high-tech company that continuously invests in digitalisation and innovation, Tokić was particularly pleased that 64% of retail investors subscribed digitally. Notably, Tokić’s IPO was the first to enable investors to directly subscribe for shares via the M-Riznica mobile application of the Ministry of Finance.

About the Company
Tokić d.d. is an authorised importer and distributor of over 300 globally recognised manufacturers of auto parts and accessories for the automotive industry. In cooperation with its company Bartog d.o.o. in Slovenia and a network of franchise partners, the Tokić Group today forms the largest auto parts retail chain in the region, with a total of 123 sales locations across Croatia and Slovenia. Its assortment includes more than 300,000 different items, covering all segments of the automotive, commercial, industrial, agricultural, and motorcycle sectors, along with a range of marine equipment, tools, service equipment, and tyres for all types of vehicles.

An important part of the business model is the Tokić Education Centre (TEC), which operates as a regional knowledge hub. TEC provides technical support to service providers, mechanics and business partners through expert training and programmes certified according to European standards. The Tokić Group is a leading partner for training related to the servicing of electric and hybrid vehicles, certified by the Ministry of Science, Education and Youth. Following the acquisition of Bartog d.o.o. in 2020, the Group further solidified its market position and has become one of the key players in the tyre market for all types of vehicles - from bicycles and motorcycles to passenger cars, commercial vehicles and agricultural machinery.