The share exchange rate for the shares of Anadolu Cam Sanayii A.Ş. is 0.88239, the share exchange rate for the shares of Denizli Cam Sanayii ve Ticaret A.Ş. is 0.33089, the share exchange rate for the shares of Paşabahçe Cam Sanayii ve Ticaret A.Ş. is 0.53423, the share exchange rate for the shares of Soda Sanayii A.Ş. is 1,15997, the share exchange rate for the shares of Trakya Cam Sanayii A.Ş. is 0.67615, and the share exchange rate for the shares of Türkiye Şişe ve Cam Fabrikaları A.Ş. is 1.00000.
As per the respective legal provisions, with regard to the merger under our Company with Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. through acquisition of all assets and liabilities of Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. by our Company in full; the summary of the Expert Institution Report, serving as foundation for equitable and reasoned determination of the merger rate; the exchange rate; the amount of capital increase to be conducted in line with these, and the number of shares to be allocated from our Company's shares issued through the capital increase to shareholders of Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş.; is signed and presented in the attachment.
Pursuant to the Board of Directors Resolution of our Company dated 27.04.2020 and numbered 34 regarding the merger under our Company with Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. through acquisition of all assets and liabilities of Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. by our Company in full; as per the respective legal provisions, and subject to approvals of the Capital Markets Board ("CMB") and the General Assembly, the Merger Report and the Merger Agreement prepared in accordance with Articles 145 and 147 of Turkish Commercial Code and based on the determinations indicated in the Expert Instution report is signed and presented in the attachment.
The application to CMB
is conducted
along with the Announcement Text presented in the attachment and other required information and documentation under the C
apital Market Board's Communiqué Number Seri:II, N 23.2 on Mergers and Spin-offs
with regard to the merger under our Company with Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. through acquisition of all assets and liabilities of Anadolu Cam Sanayii A.Ş., Denizli Cam Sanayii ve Ticaret A.Ş., Paşabahçe Cam Sanayii ve Ticaret A.Ş., Soda Sanayii A.Ş. and Trakya Cam Sanayii A.Ş. by our Company in full.