Summary Info
Board resolution on capital increase due to the merger and Issuance Certificate
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
KIPA
Board Decision Date
18.04.2018
Merger Model
Merger Through Acquisition
Date Of Financial Statements Base To Merger
31.12.2017
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
KİPA TİCARET A.Ş.
Trading On The Stock Exchange
0,06045385
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
MGROS, TREMGTI00012
178.030.000
3.024.233
181.054.233
MGROS, TREMGTI00012
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
TOTAL
178.030.000 TL
3.024.233 TL
0 TL
181.054.233 TL
Capital Market Board Application Date Regarding Merger
25.04.2018
Capital Market Board Application Result Regarding Merger
APPROVAL
Capital Market Board Approval Date Regarding Merger
19.07.2018
Capital Market Board Application Date
26.07.2018
Additional Explanations

In line with the simplified merger of Migros Ticaret A.Ş. ("Migros") and Kipa Ticaret A.Ş. ("Kipa") under Migros by way of "simplified merger process",

It has been resolved that t he amount of share capital to be increased at Migros as a result of the merger process will be TL 3,024,233, therefore the share capital of Migros will be increased from TL 178,030,000 to TL 181,054,233 within the current registered capital ceiling of TL 500,000,000 granted by the CMB for 2018-2022 (5 years); and Article 7 ("Capital") of Articles of Association of the Company will be amended.

Within this context, it was submitted to the CMB on 26 July 2018 for the approval of Issuance Certificate regarding the capital increase.


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

Documents Regarding Merger
Appendix: 1
Migros Esas Sozlesme Tadil Tasarisi.pdf - Other