Summary Info
Registration of the 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
Date of Related General Assembly
25.12.2023
Was The Issue Of Merger Negotiated? Was It Accepted?
Accepted
Capital Market Board Application Date
21.06.2023
Date Of Registry
15.01.2024
Additional Explanations
In line with the resolution of the Board of Directors of Sabancı Holding dated May 24, 2023, the merger transaction 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 completed upon registration of the merger on January 15, 2024.

With the registration, Exsa has been dissolved without liquidation and the merger transaction has become legally valid as of the registration date. Therefore, the financial assets of Exsa along with 50% of shares in Temsa Skoda Sabancı Ulaşım Araçları A.Ş., 100% of shares in Temsa Motorlu Araçlar Pazarlama ve Dağıtım A.Ş. and 100% of shares in Exsa Gayrimenkul Proje Geliştirme A.Ş. have been transferred to Sabancı Holding's possession.

As a result of the merger, a capital increase of TRY 59,972,038.18 nominal value has been made by Sabancı Holding, and the respective shares issued will be allocated to the other shareholders of Exsa except for Sabancı Holding upon completion of the necessary legal procedures before the Capital Markets Board.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.