Participation in Capital Increase – Doğan Enerji


Capital increase of Doğan Enerji Yatırımları Sanayi ve Ticaret A.Ş. ("Doğan Enerji"), our direct subsidiary and our company has 100% shares in the entirely issued capital of 1,334,126,430-TL to 1,809,522,230-TL from internal sources (reduction of receivable to equity) has been approved at the extraordinary general assembly meeting of Doğan Enerji, which was held on December 25, 2019. 475,395,800 TL capital increase amount, which has been consist of the payments made by our Company as the guarantor on behalf of Boyabat Elektrik Üretim ve Ticaret A.Ş., the joint venture of Doğan Enerji and Doğan Enerji holds a share of 33.00%, regarding the restructuring of the bank loans and disclosed to the public previously.

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