Summary Info
CMB approval for the application regarding the resolution on transfer of Aygaz's Koç Finansal Hizmetler shares to Koç Holding through a partial demerger transaction - III
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
AYGAZ
Board Decision Date
30.05.2023
Merger Model
Merger Through Acquisition
Date Of Financial Statements Base To Merger
31.12.2022
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
Koç Finansal Hizmetler A.Ş.
Not Trading On The Stock Exchange
0,78922
B
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
A Grubu, İşlem Görmüyor, TREKCHL00022
678.773.422,299
678.773.422,299
B Grubu, KCHOL, TRAKCHOL91Q8
1.857.124.627,701
6.504.705
1.863.629.332,701
B Grubu, KCHOL, TRAKCHOL91Q8
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
TOTAL
2.535.898.050 TL
6.504.705 TL
0 TL
2.542.402.755 TL
Capital Market Board Application Date Regarding Merger
31.05.2023
Capital Market Board Application Result Regarding Merger
APPROVAL
Capital Market Board Approval Date Regarding Merger
13.07.2023
Additional Explanations

As publicly disclosed on 30.05.2023, based on the review of structuring alternatives regarding Koç Group companies to enable them to operate efficiently, it has been resolved to acquire Koç Finansal Hizmetler A.Ş. ("KFS") shares with a nominal value of 15,001,230.08 TL, corresponding to 3.93% of the capital of KFS registered in the assets of our subsidiary Aygaz A.Ş. ("Aygaz"), by means of a partial demerger.

Capital Markets Board approved the application for the partial demerger transaction made by Koç Holding and Aygaz. The approved version of the Announcement Text together with the Demerger Report and the Demerger Agreement are attached (available in Turkish).

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Documents Regarding Merger
Appendix: 1
Ek_3_DuyuruMetni 117-152.pdf - Announcement Text