[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
28.09.2023
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

You may find below the disclosure communicated / send to us by Smart Holding A.Ş.;


" Smart Holding A.Ş. ("Smart Holding") announces the placement of 12,117,600 Class B shares in Smart Güneş Enerjisi Teknolojileri Araştırma Geliştirme Üretim Sanayi ve Ticaret A.Ş. ("SMRTG") (the "Shares"), representing approximately 2.0% of the issued share capital . The transaction was priced at TL 67.00 per share and raised gross proceeds of approximately TL 811.9 million (the "Transaction").

The sale was made by way of a placement to an international institutional investor residing outside of Türkiye , following a direct approach. SMRTG will not receive any proceeds from the sale of the Shares.

The Transaction is expected to settle through an off-exchange transaction on 12 October 2023.

HSBC Bank plc ("HSBC") acted as sole placement agent to Smart Holding in relation to the Transaction.

Smart Holding currently directly holds approximately 75.03 % of the issued share capital of SMRTG and following the successful completion of the Transaction, it is expected that direct shareholding interest in SMRTG will be approximately 73.03 %.

Following the completion of the Transaction, Smart Holding will remain the majority shareholder of SMRTG . Smart Holding remains fully committed and supportive of SMRTG .

Subject to the Transaction being successfully completed in accordance with this announcement, Smart Holding shall be bound with a customary 45-day lock-up period with HSBC, subject to customary exceptions, with respect to any remaining SMRTG shares held by Smart Holding.

HSBC, which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting as placing agent to Smart Holding and no one else in connection with the matters described in this filing and will not be responsible to anyone other than Smart Holding for providing the protections afforded to clients of HSBC, or for providing advice in connection with the matters referred to herein. Neither HSBC nor any of its group undertakings or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of HSBC in connection with this filing or any matter referred to herein. "