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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Hayır (No)
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Hayır (No)
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13.12.2019
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Hayır (No)
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Pursuant to our Material Event Disclosure dated December 13, 2019, share purchase agreements were signed by and between us, Ziraat Katılım Bankası AŞ, Ziraat Teknoloji AŞ and Ziraat Yatırım AŞ as seller and TVF Finansal Yatırımlar AŞ ("TVF Finansal Yatırımlar"), as purchaser on April 22, 2020 for the transfer of the shares we hold in Ziraat Sigorta AŞ, representing 99,97% of its share capital, and the transfer of shares we hold in Ziraat Hayat ve Emeklilik AŞ, representing 99,97% of its share capital to TVF Finansal Yatırımlar and the transfer of the shares of Ziraat Sigorta AŞ and the shares of Ziraat Hayat ve Emeklilik AŞ were completed at the same date.
Pursuant to the share purchase agreements between us and the purchaser, TVF Finansal Yatırımlar shall pay TL 18.63 for each Ziraat Sigorta AŞ's share and the total purchase price of Ziraat Sigorta AŞ shall be TL 931,220,550.00. The total purchase price will be paid with the government bonds.
TVF Finansal Yatırımlar shall pay TL 23.00 for each Ziraat Hayat ve Emeklilik AŞ's share and the total purchase price of Ziraat Hayat ve Emeklilik AŞ shall be TL 1,839,448,000.00. The total purchase price will be paid with the government bonds. Following the transfer of shares, TVF Finansal Yatırımlar shall hold 100% of the share capital of Ziraat Sigorta AŞ and 100% of the share capital of Ziraat Hayat ve Emeklilik AŞ.
With all due respect,
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, 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.