[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Evet (Yes)
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Date Of The Previous Notification About The Same Subject
10.03.2022
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Hayır (No)
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Announcement Content
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Explanations
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As announced in the disclosure dated March 10, 2022, a Share Transfer Agreement was signed between the parties, LYY Telekomünikasyon A.Ş. (LYY) and Türkiye Wealth Fund (TWF), for the sale of Türk Telekomünikasyon A.Ş.'s (Türk Telekom) 55% stake owned by LYY to TWF.

Following the fulfilment of the conditions and the regulatory clearances, the share transfer is completed as of March 31, 2022. Accordingly, TWF has become the majority shareholder of Türk Telekom with a 61.68% stake.

In its announcement today TWF said; "With its firm commitment to public interest, TWF acts to contribute to the technological development and transformation in Türkiye while benefitting from the long-term opportunities the sector offers within the context of its investment in Türk Telekom, one of the leading telecommunication companies in Turkey."

The link to announcement by Turkey Wealth Fund is below :

https://www.tvf.com.tr/en/contact/disclosures/2022/twf-has-purchased-the-majority-shares-of-turk-telekom
https://www.kap.org.tr/tr/Bildirim/1014728

Following the completion of share transfer, the shareholding structure of our company is as follows:


Group
Shareholder Name
Share (%)
Number of Share
Paid-in Capital Amount (TL)
A Türkiye Wealth Fund
%55 192.500.000.000
1.925.000.000
B Republic of Turkey Ministry of Treasury and Finance
%25 87.501.188.497,5
875.011.884,975
B Türkiye Wealth Fund
%5 17.498.811.501,5
174.988.115,015
C Republic of Turkey Ministry of Treasury and Finance
%0 1 0,01
D Halka Açık
%15 52.500.000.000
525.000.000

- Türkiye Wealth Fund (Free Float)
%1,68 5.881.188.500
58.811.885

- Other
%13,32 46.618.811.500
466.188.115

Total %100 350.000.000.000
3.500.000.000