Summary Info
CMB approval for the application regarding the resolution on transfer of Koç Finansal Hizmetler A.Ş. shares to Koç Holding A.Ş. by way of partial demerger through share transfer to shareholders model
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
KCHOL
Board Decision Date
30.05.2023
Demerger Model
Partial demerger by way of share transfer to the shareholders
Company/Companies That Assets be Transferred Due to Demerger
Koç Holding A.Ş.
Scope of Activities of Company/Companies That Assets be Transferred Due to Demerger
Holding and investment
Capital Increase of Company That Assets be Transferred Due to Demerger
6.504.705
Will Be Applied to Stock Exchange For Listing of Company That Assets be Transferred Due to Demerger?
No
Currency Unit
TRY
Date Of Financial Statements Base To Demerger
31.12.2022
Paid-in Capital (TL)
219.800.767
Target Capital (TL)
205.905.619
Share Group Info
Paid-in Capital (TL)
Share Exchange Rate
Capital To Be Decreased Due To Demerger (TL)
Capital To Be Decreased Due To Demerger (%)
Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)
Rate Of Bonus Issue From Internal Resources Due to Demerger(%)
New Shares'' ISIN
Amount of Shares Issued Due To Demerger
AYGAZ, TRAAYGAZ91E0
219.800.767
0,78922
13.895.148
6,3217
TRAKCHOL91Q8
6.504.705
Capital Market Board Application Date Regarding Demerger
31.05.2023
Capital Market Board Application Result Regarding Demerger
APPROVAL
Capital Market Board Approval Date Regarding Demerger
13.07.2023
Additional Explanations

As publicly disclosed on May 30, 2023; based on the review of structuring alternatives regarding Koç Group companies to enable them operate efficiently, it has been resolved to transfer Koç Finansal Hizmetler A.Ş. ("KFS") shares with a nominal value of 15.001.230,08 TL in our Company's assets which corresponds to 3.93% of the registered KFS capital, to Koç Holding A.Ş. ("Koç Holding") through a partial demerger transaction through the model of share transfer together with all its rights and debts, in accordance with the principle of universal succession to Aygaz shareholders.

Capital Markets Board approved the application for the partial demerger transaction made by Aygaz and Koç Holding .The approved version of the Announcement Text together with the Demerger Report and the Demerger Agreement are attached (available in Turkish).

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Documents Regarding Demerger
Appendix: 1
Ek_1_DuyuruMetni 117-152.pdf - Announcement Text