Purchase of Financial Fixed Asset – Doruk Faktoring
11.05.2018
Our Board of Directors has resolved on the following on 10.05.2018;
A total of 2,044,076 registered shares, with a nominal value of 1 Turkish Lira, where we have 94.88% shares in the fully paid 40,000,000 Turkish Lira capital of our direct subsidiary Doruk Faktoring A.Ş., are to be purchased from Hürriyet Gazetecilik ve Matbaacılık A.Ş., in cash and in an advance payment, for a total price of 1,620,882.97 USD, each share being 0,79 USD as per the value assessed with the Valuation Report prepared by KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş on 08.05.2018.
Acquisition of shares within the scope of “Share Transfer Agreement” signed between our Company and Demirören Medya Yatırımları Ticaret A.Ş. on April 6, 2018. The mentioned shares will be transferred to Demirören Medya Yatırımları Ticaret A.Ş. after “Closing” as specified in the “Share Transfer Agreement
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