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English
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Hayır (No)
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Hayır (No)
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07.02.2019
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Hayır (No)
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In accordance with the CMB's II-17.1 Communiqué on Corporate Governance, "The Report Regarding the Common and Continuous Transactions" executed between our Company and our main shareholder Ereğli Demir ve Çelik Fabrikaları T.A.Ş. was prepared and approved at our Company's Board of Directors meeting on February 11, 2020.
Conclusion of the report is as follows;
''Within the frame of CMB's II-17.1 Corporate Governance Communiqué, common and continuous commercial transactions from a single central and slab sales executed between our company and our main shareholder Ereğli Demir ve Çelik Fabrikaları T.A.Ş. exceed 10% of the total sales revenue in 2019 and it is expected that these transactions will continue under the determined circumstances in 2020. Relevant transactions are consistent with the previous years and reasonable when compared to the market conditions.'' In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
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.