Within the scope of the announcement on merger transaction made by our Company – Migros Ticaret A.Ş. (the "Company" or "Migros") on 18.04.2018 and approval of Capital Markets Board of Turkey dated 19.07.2018 and numbered 32/841, the completion of merger by way of simplified merger process of Kipa Ticaret A.Ş. ("Kipa") under Migros, approval of merger agreement and merger report, application to relevant Trade Registries regarding registration of merger transaction upon completion of necessary transactions have been resolved by board of directors of Migros on 27.08.2018.
Depending upon the registration date of the merger, the separation funds usage details for Kipa shareholders will be announced on a separate public disclosure when the separation funds usage dates are precised.
(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)