Summary Info
Registration of Migros – Kipa merger
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
Registry Date of Merger Via Facilitated Procedure
31.08.2018
Capital Market Board Application Date
26.07.2018
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
31.07.2018
Additional Explanations

It was announced in the public disclosure regarding merger transaction on 27/08/2018 by our Company – Migros Ticaret A.Ş. (the " Company " or " Migros ") that the completion of merger by way of simplified merger process of Kipa Ticaret A.Ş. (" Kipa ") under Migros, approval of merger agreement and merger report, application to relevant Trade Registries regarding registration of merger transaction upon completion of necessary transactions have been resolved by board of directors of Migros on 27/08/2018.

The relavent board of directors resolution has been registered with Istanbul Trade Registry on 31/08/2018.

At the same date, the Board resolution to increase Migros' share capital by TL 3,024,233 from TL 178,030,000 to TL 181,054,233 was registered as well.


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