Summary Info
Regulatory Approval for Merger through Acquisition of Exsa by Sabancı Holding
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
CIMSA
Board Decision Date
24.05.2023
Merger Model
Merger Through Acquisition
Date Of Financial Statements Base To Merger
30.06.2023
Currency Unit
TRY
Acquired Company
Trading On The Stock Exchange/Not Trading On The Stock Exchange
Share Exchange Rate
Group of Share To Be Distributed To Acquired Company Shareholders
Form of Share To Be Distributed To Acquired Company Shareholders
EXSA EXPORT SANAYİ MAMULLERİ SATIŞ VE ARAŞTIRMA A.Ş.
Not Trading On The Stock Exchange
0,35995893
-
Registered

Share Group Info
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
New Shares To Be Given Due To Merger
SAHOL, TRASAHOL91Q5
2.040.403.931
59.972.038,18
0
2.100.375.969,18
SAHOL, TRASAHOL91Q5
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
TOTAL
2.040.403.931 TL
59.972.038,18 TL
0 TL
2.100.375.969,18 TL
Capital Market Board Application Date Regarding Merger
21.06.2023
Capital Market Board Application Result Regarding Merger
APPROVAL
Capital Market Board Approval Date Regarding Merger
22.11.2023
Capital Market Board Application Date
21.06.2023
Additional Explanations
In line with the resolution of the Board of Directors of Sabancı Holding dated May 24, 2023, the application before the Capital Markets Board (CMB) regarding the proposed merger, where all of the assets and liabilities of Exsa Export Sanayi Mamulleri Satış ve Araştırma A.Ş. (Exsa), a subsidiary of Sabancı Holding, be acquired as a whole by Sabancı Holding, has been approved by the CMB on November 22, 2023.

Pursuant to the Article 8 of the CMB's Merger and Demerger Communiqué No. II-23.2, Turkish versions of the Regulatory Filing as approved by the CMB, the Merger Agreement, the Merger Report, the Independent Valuation Report, Financial Statements of both Sabancı Holding and Exsa for the interim period ended 30.06.2023 with Special Independent Audit Reports, and Real Estate Appraisal Reports are attached to this statement.

For ease of perusal for our stakeholders, execution copies of the relevant documents that are identical to the signed originals have been disclosed in the attachment.

Lastly, please refer to Updated Q&A regarding Sabancı Holding and Exsa Merger on Investor Relations website.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.
Documents Regarding Merger
Appendix: 1
Birlesme Raporu.pdf - Merger Report
Appendix: 2
Birlesme Sozlesmesi.pdf - Merger Contract
Appendix: 3
Duyuru Metni.pdf - Announcement Text
Appendix: 4
Uzman Kurulus Raporu.pdf - Expert Institution Report