Summary Info
Completion of Capital Increase and Share Issuance Due to Merger
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
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
02.02.2024
Date Of Registry
15.01.2024
Effective Date
05.02.2024
Payment Date
07.02.2024
Record Date
06.02.2024
Was The Process Completed For The Merging Companies?
Yes
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 and a capital increase of TRY 59,972,038.18 nominal value has been made by Sabancı Holding.

In this respect, the issuance certificate approved by the Capital Markets Board of Turkiye regarding the shares to be issued by Sabancı Holding due to the capital increase and to be allocated to the other shareholders of Exsa except for Sabancı Holding was received on February 2, 2024, and the merger transactions will be completed with the execution of the share settlement transactions on February 5, 2024.

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