Participation in Capital Increase of our Subsidiary (DD Finansman)


At the Extraordinary General Assembly Meeting of DD Finansman A.Ş. whereby our company has 48% shares in the entirely issued capital of 54,400,000 Turkish Liras, held on October 20, 2016 (today), it has decided to decrease the capital to 32,000,000 Turkish Liras, by offsetting the capital against “accumulated losses” and increase the capital to 52,000,000 Turkish Liras (20,000,000 Turkish Liras) through the full cash payment simultaneously with the capital decrease. It has resolved to fully exercise our right of acquiring new shares and our right of acquiring new shares totalling TL 9,600,000 has fully paid.

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