Purchase of Financial Fixed Asset (Axel)


As explained in our financial statement footnotes, pursuant to the provisions of the “Share Purchase and Shareholders Agreement” signed between our Company and Commerz-Film GmbH, and direct and indirect subsidiaries Doğan Yayın Holding A.Ş. (dissolved without liquidation within the context of merger) and Doğan TV Holding A.Ş. on November 19, 2009, and after than modified at different times; within the scope of the exercise of put option by Commerz-Film GmbH, 44,970,542 registered group B shares with a nominal value of 1 TL (TL 5,100,505 of this amount belongs to bonus shares accrued to option from Doğan TV Holding A.Ş.'s previous capital increase), held by Commerz-Film GmbH in the capital of Doğan TV Holding A.Ş. corresponding to 2.26872% of the paid capital of 1,982,200,000 Turkish Liras of Doğan TV Holding A.Ş. have been taken over and acquired by our Company in cash and as a single payment of a total of 55,243,523.89 Euros.

Purchase of Financial Fixed Asset (Axel)

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