[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[CRFSA]
Related Funds
[]
English
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Material Event Disclosure General
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Explanations
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As Sabancı Group, we act with the responsibility of bringing global investors into our country and capital markets, while facilitating domestic investors to participate in the Companies that add value to our economy, parallel to our vision to integrate our Group Companies into capital markets. Sabancı Holding, as a conglomerate whose shares are traded on BIST Stars of Istanbul Stock Exchange Equity Market, directly or indirectly owns shares of 11 companies that are listed on Istanbul Stock Exchange.

As already known, companies with less than 5% of free-float rate, including CarrefourSA Carrefour Sabancı Ticaret Merkezi A.Ş. (CarrefourSA), have been informed that their shares may be traded in Pre-Market Trading Platform starting from 01.01.2021, according to the announcement of Istanbul Stock Exchange dated 17.09.2020.(*) It is among our priorities that the shares of CarrefourSA, which is an affiliate of Sabancı Group, continue trading on Istanbul Stock Exchange Equity Market and hence attract both domestic and international investors together with increased free-float rate.

In this context, in today's meeting of our Board of Directors, it has been resolved to have CarrefourSA shares with TRY 2,500,000 nominal value registered by Central Securities Depository for trading, and subsequently to increase free-float rate of CarrefourSA shares to 5% by selling these shares to third persons, in full or in part, in the secondary market and/or over-the-counter with the purpose of enabling CarrefourSA shares continue trading on Istanbul Stock Exchange Equity Market.

(*) Pre-Market Trading Platform is a marketplace that is excluded from Istanbul Stock Exchange Equity Market where limited trading rules apply. More information is available on the announcment of Istanbul Stock Exchange.

In contradiction between the Turkish and English versions of this public disclosure, Turkish version shall prevail.