Summary Info
About the merger of our subsidiary, Turcas Enerji Holding A.Ş. (TEHAŞ) via acquisition by Turcas Petrol A.Ş
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
18.09.2017
Merger Model
Merger Through Acquisition
Date Of Financial Statements Base To Merger
30.06.2017
Currency Unit
TRY
Acquired Company
Trading On The Stock Exchange/Not Trading On The Stock Exchange
Share Exchange Rate
Group of Share To Be Distributed To Acquired Company Shareholders
Form of Share To Be Distributed To Acquired Company Shareholders
Turcas Enerji Holding A.Ş.
Not Trading On The Stock Exchange

Share Group Info
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
New Shares To Be Given Due To Merger
A Grubu, TRCAS, TRATRCAS92E6
269.999.850
0
0
269.999.850
B Grubu, İşlem Görmüyor, TRETRCS00019
112,5
0
0
112,5
C Grubu, İşlem Görmüyor, TRETRCS00027
37,5
0
0
37,5
Paid In Capital
Amount Of Capital To Be Increased Due To The Acquisition (TL)
Capital To Be Decreased (TL)
Target Capital
TOTAL
270.000.000 TL
0 TL
0 TL
270.000.000 TL
Capital Market Board Application Date Regarding Merger
12.10.2017
Capital Market Board Application Date
12.10.2017
Was The Process Completed For The Merging Companies?
No
Additional Explanations
As disclosed in our Company's public disclosure dated 18 September 2017, with an aim to improve effective management of subsidiaries and enhance resource optimization, it has been resolved to merge with our 100% subsidiary TEHAŞ via takeover method whereby all assets and liabilities of TEHAŞ shall be transferred to Turcas Petrol A.Ş. as a whole and carry out necessary transactions in accordance with Turkish Commercial Code, Capital Markets Law, Corporate Tax Law and related legislation

In this regard, merger agreement regarding the mentioned transaction was signed and announced to the public. In addition, Capital Markets Board application was submitted on 12.10.2017.

Further details about the process will be shared with the public in a timely manner.

Kind regards,
Documents Regarding Merger
Appendix: 1
Birleşme Sözleşmesi.pdf - Merger Contract