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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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20/01/2017
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Hayır (No)
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Today, a Loan and Subscription Agreement has been signed with Bracknor Fund Limited (" Investor ") with whom the Company had engaged in talks for receiving funding for a while. As per the agreement, the Investor will lend the Company an amount up to TRY25.000.000 within a period of three years in return of collateral shares to be delivered to the Investor by the majority shareholders, the Büyüknalbant Family. The loan will be repaid with the new Company shares to be issued through one or more capital increases during this 3-year period. Moreover, the Investor will have the Option to subscribe for shares up to an amount of TRY1.500.000 and the relevant option agreement will be signed following the signing of the Loan and Subscription Agreement. The necessary orders will be given by the majority shareholders, the Company and the Investor to the brokerage house and transaction will be completed within 2 business days. We would like to thank Bracknor Fund Limited who has confided in our Company to make an investment during these difficult times our country is going through.
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