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Our company, Kontrolmatik Teknoloji Enerji ve Mühendislik A.Ş. (" Kontrolmatik "), has received the following statement from one of its shareholders, KMT Teknolojik ve Finansal Yatırımlar A.Ş. (" KMT Yatırım "): As part of the efforts of KMT Yatırım to provide financing opportunities for Kontrolmatik under favorable conditions, KMT Yatırım entered into a derivative arrangement (" Transaction ") relating to the shares of Kontrolmatik with an international financial institution (" Financial Institution "). This is intended to manage the continued long position of KMT Yatırım in Kontrolmatik. To hedge the derivative arrangement, the Financial Institution buys 26,000,000 non-tradeable shares in Kontrolmatik (" Transaction Shares "), representing 4.0% of the issued capital of Kontrolmatik, directly from KMT Yatırım at the closing price of today's session 26.50 TRY. The transfer of the Transaction Shares will be executed outside of the Borsa Istanbul. The Financial Institution will apply to convert the Transaction Shares into tradable form in order to conduct its hedging activity. With the structured derivative transaction, KMT Yatırım will continue to maintain a long position in Kontrolmatik shares throughout the Transaction. The economic terms of the Transaction are based on the Financial Institution's initial hedging activity. As stated previously, KMT Yatırım remains fully committed to Kontrolmatik, and it commits to transfer the entirety of the net proceeds of the Transaction down into Kontrolmatik; initially through a shareholder loan. This Transaction aims to increase the financial capacity and strengthen the financial flexibility of KMT Yatırım and Kontrolmatik while enabling effective and efficient utilization of international financing resources. In addition, it is aimed to create a solid financial structure for current and future investments by supporting the group's sustainable growth strategy. KMT Yatırım, Sami Aslanhan and Ömer Ünsalan remain committed to the future success of Kontrolmatik. This Material Event Disclosure has been prepared in Turkish and English, and in case of any conflict between the two statements, the Turkish version shall prevail. This announcement is presented for the information of the public and our investors. |
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