Participation in capital increase of our subsidiary (Doğan Enerji)
12.10.2015
Our Board of Directors has resolved on October 12, 2015 (today) to authorize and appoint our Company management to fully exercise our right of acquiring new shares, in the capital increase of our 100% subsidiary Doğan Enerji Yatırımları Sanayi ve Ticaret A.Ş., from 886,151,200 TL to 1,120,000,000 TL via rights issue (the capital increase has been approved at the general assembly meeting of Doğan Enerji Yatırımları Sanayi ve Ticaret A.Ş. which was held on October 12, 2015 (today)); and to notify the relevant entitles for the execution of the necessary procedures.
The fund (233,848,000 TL) that Doğan Enerji will receive from the capital increase, will be used for the capital increase of its 100% subsidiary D Tes Elektrik Enerjisi Toptan Satış A.Ş. (“D Tes”) to strengthen its equity and, if necessary, to pay down bank debts.
Within the scope of the capital increase of Doğan Enerji, the amount has been paid fully to Doğan Enerji on October 12, 2015 (today).
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