Purchase of Financial Fixed Asset (DD Finansman)


During the Board of Directors of our Company held on June 15, 2017, no. 2017/16, it was decided to take over and acquire by paying 4,000,000 Euros for 25,480 Group A registered shares, each with a nominal value of 1,000 Turkish Liras, held by Deutsche Bank A.G., one of the other shareholder at DD Finansman A.Ş., whereby we have a share of 48% in the fully paid capital of 52,000,000 Turkish Liras, and all shares representing 49% of the capital of DD Finansman A.Ş., provided that the legal approvals required for share transfer are obtained, and that “closing pre-requisites” are fulfilled, as a result of assessing the share transfer as a transfer of financial liabilities at the same time, within the scope of the capital and operational cash requirements of DD Finansman A.Ş. for the future.

Following the above-mentioned share transfer transaction, our shareholding ratio in DD Finansman A.Ş. shall increase to 97%.

Purchase of Financial Fixed Asset (DD Finansman)

Prev Next


This website uses cookies

This website uses cookies to improve the user experience. By using our website, you consent to all cookies in accordance with our Cookie Policy. Read more.