[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[TKNSA]
Related Funds
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English

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Notification About News Or Rumours
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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In response to the news in some media organs, our explanation with regard to Capital Markets Board's Communiqué II-15.1, Article 9 on "Notification About News or Rumours" is stated belo

As known by the investor community, openings/closings of stores in the retail sector is a standard practice among the sector companies in order to protect their profitability. On a Teknosa specific point of view, our company has made 29 openings/42 closings in 2015 and 49 openings/52 closings in 2014. As of first 6 months of this year, the number stands at 15 openings/33 closings.

As of this moment, although we are continuing to evaluate our store network based on the latest sectoral outlook, there is no decision of the board in order to close 76 stores as stated in those news.

If any development on the subject occurs, it will be shared with the public.


In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.