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Hayır (No)
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Hayır (No)
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Within the scope of the verification obligation of the news and rumors set forth under Article 17 of the Communiqué on Material Events Disclosure, it has been deemed useful to make the following statement, regarding the news that appeared in some media channels:
Vestel Elektronik Sanayi ve Ticaret A.Ş. (Vestel), its wholly-owned subsidiary Vestel Ticaret A.Ş. and Vestel's relevant foreign subsidiaries (Vestel Holland B.V., Vestel CIS Ltd., Vestel Trade Ltd., Vestel Electronica S.R.L., Vestel France S.A.S., Vestel Holland B.V. Sucursal En Espana, Vestel Holland B.V. Germany Branch Office and Vestel Holland B.V. UK Branch Office), acting as plaintiffs, have initiated a compensation lawsuit in the amount of EUR 2,053,200,000 arising from the competition laws, against Samsung, LG Group companies, Technicolr S.A., TTD International S.A.S and TDP SP. Z.O.O which are acting as defendants. The Dutch East Brabant Regional Court has rendered a decision whereby it partially accepted and partially rejected our compensation claim. According to the court decision, two defendants (TTD International S.A.S and TDP SP. Z.O.O.) were ordered to pay Vestel a compensation in the amount of EUR 684,400,000; whereas the case was rejected for the other defendants. The decision of the Dutch first instance court and the amounts specified in the court decision have not been finalized yet, and the parties have a right to object to the decision. Our company will exercise its right to appeal against the part of the decision ruled against our company within the legal period.
This statement was 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.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.