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Due to the recent news claiming "suspicious transfer" transactions in the media, and related inquiries raised by our investors on this subject; it has been deemed necessary to make a disclosure. The transfers between our company and the company mentioned in the news (Petrokim Trading Ltd.) are ordinary trade transactions. These are completely related to the trade of petrochemical goods, and are compliant with all relevant laws. Our company has not had any transactions with countries or institutions that are subject to international sanctions. To this day, we have not faced any sanctions or restrictions on our commercial activities. In addition, the mentioned company, Petrokim Trading Ltd., has left the SOCAR Group portfolio in 2018, and there is no current ownership or similar legal relationship with this company. |
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.