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Related Companies
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[TRKCM, ANACM, SODA, DENCM]
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English
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Hayır (No)
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Hayır (No)
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-
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Hayır (No)
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Considering the Group's long term strategies, its global competitive environment, and the potential synergies that could be captured by combining all of Sisecam's activities in one entity, it was decided in the Board of Directors Meeting of our Company on January 30, 2020 to engage in negotiations regarding a merger with Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. This is pursuant to Capital Markets Law Number 6362, Capital Market Board's Communiqué Number Seri:II, N 23.1 on Common Principles Applicable to Important Category Transactions and the Right to Exit, Capital Market Board's Communiqué Number Seri:II, N 23.2 on Mergers and Spin-offs, Turkish Commercial Code number 6102, Corporate Tax Law number 5520 and other applicable legislation. The expected synergies will be achieved through an efficient, lean and agile governance that will maximize shareholder value through increased trading volume and depth of shares.
An Audio Call on this material event disclosure will be held by Türkiye Şişe ve Cam Fabrikaları A.Ş. on January 31st 2020, at 09:00 am Turkey time. Teleconference participation details;
Event Title: Disclosure at the Istanbul Stock Exchange Audio Call
Event Number: EV00100387
Dial-in Numbers
Turkey: +902123755127
UK: +442071943759
PIN: 30278670#
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