Participation in Capital Increase of our Subsidiary – Neta


During our Board Meeting dated 27.09.2018 (today);


It has been resolved to fully exercise our right of acquiring new shares, and to set our participation amount in the capital increase as 97,049,595 Turkish Lira (through 377,307.20 Turkish Lira cash payment and 96,672,287.80 Turkish Lira conversation of debt into equity) in the capital increase of Neta Yönetim Danışmanlık Havacılık Hizmetleri, our direct subsidiary, whereby our company has 100% shares in the entirely issued capital of 5,950,405 Turkish Lira to 103,000,000 Turkish Lira (the capital increase has been approved at the extraordinary general assembly meeting of Neta Yönetim Danışmanlık Havacılık Hizmetleri A.Ş. which was held on September 24, 2018).

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