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Hayır (No)
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-
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Hayır (No)
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We have reached a non-binding agreement with Quick Sigorta A.Ş ve Corpus Sigorta A.Ş., a subsidiary of Maher Yatırım Holding A.Ş for the 100% stake transfer of our real estate company AND Anadolu Gayrimenkul Yatırımları A.Ş. which among its other assets owns AND Kozyatagı building and likewise started financial, tax, legal reviews regarding the share transfer as well as negotiations with the buyer.
Consequently, we have decided to begin taking the necessary actions to apply for approvals, which include pre-application to state authorities as well in order to complete the stake sale.
Based on the agreement with the parties, the equity stake value is estimated at TL 70mn and final value will be calculated after offsetting total asset value with debts and liabilities at the closing date of the transaction.
Further developments about the transaction will be shared with the public accordingly.
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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.