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On December 21, 2021, it has been announced that the acquisition of 60% stake in Şişecam Chemicals Resources LLC ("SCR"), 74% interest owner in Şişecam Resources LP ("Issuer"), which is holding 51% stake in Şişecam Wyoming LLC, has been completed.
Şişecam Resources LP is a publicly held company and 26% of its issued Capital is traded on the New York Stock Exchange. Şişecam Board of Directors, based on a resolution taken on July 5, 2022, decided to advise the relevant company Management on the proposal of going private through the purchase of publicly traded shares of our subsidiary Şişecam Resources LP. Significant events regarding the said transaction will be announced to the public in accordance with the Capital Market Board legistlation.
Please visit https://www.businesswire.com/news/home/20220706005457/en/Sisecam-Chemicals-Resources-LLC-Delivers-Proposal-to-Acquire-Sisecam-Resources-LP for Sisecam Chemicals Resources LLC's disclosure.
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