Participation in capital increase of our subsidiary (Doğan Organik)


Our Board of Directors has resolved on October 09, 2015 (today) to decrease the capital of our subsidiary Doğan Organik Ürünler Sanayi ve Ticaret A.Ş. to 11,541,066.52 Turkish Liras, whereby our company has 100% shares in the entirely issued capital of 23,600,000 Turkish Liras, by offsetting its capital against accumulated losses; to fully exercise our right of acquiring new shares in increasing the capital to 18,150,000 Turkish Liras via rights issue (6,608,933.48 Turkish Liras) simultaneously with the capital decrease; and to authorize the Company management to carry out the necessary procedures, and to notify the relevant authorities.

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