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English
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oda_MaterialEventDisclosureGeneralAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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17.02.2020
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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In the disclosure dated 17.02.2020, it was announced that a letter of intent had been signed between the parties to elaborate on purchasing all shares representing the registered capital of Temsa Ulaşım Araçları Sanayi ve Ticaret A.Ş. (Temsa) by Sabancı Group (Sabancı Holding and/or its Subsidiaries) and PPF Group with a 50-50% shareholding structure. Upon the finalisation of due diligence and negotiations, our subsidiary Exsa Export Sanayi Mamulleri Satış ve Araştırma A.Ş. (ExSA) and PPF Beer Topholdco B.V. (PPF), a PPF Group subsidiary, have agreed to purchase Temsa shares. According to shareholders' and share-purchase agreements signed between the parties, all shares representing Temsa's total registered capital of TRY 210,000,000 nominal will be purchased by ExSA and PPF with a 50-50% shareholding structure from True Value Capital Partners. Closing procedures and transfer of shares shall be completed after the approvals from related authorities are acquired. Further announcements regarding the subject matter will be made available to public.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
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