KAMUYU AYDINLATMA PLATFORMU
AG ANADOLU GRUBU HOLDİNG A.Ş.
Non-current Financial Asset Acquisition
Summary
TOGG Capital Increase and Share Purchase
Noncurrent Financial Asset Acquisition
Related Companies | [] | ||
Related Funds | [] | ||
Noncurrent Financial Asset Acquisition | |||
Update Notification Flag | Hayır (No) | ||
Correction Notification Flag | Hayır (No) | ||
Date Of The Previous Notification About The Same Subject | 28.06.2018 | ||
Postponed Notification Flag | Hayır (No) | ||
Announcement Content | |||
Board Decision Date for Acquisition | 29/04/2021 | ||
Were Majority of Independent Board Members' Approved | Yes | ||
the Board Decision for Acquisition | |||
Title of Non-current Financial Asset Acquired | Türkiye'nin Otomobili Girişim Grubu Sanayi ve | ||
Ticaret A.Ş | |||
Field of Activity of Non-current Financial Asset whose | Production of electric passenger cars and carrying | ||
Shares were being Acquired | out the related support activities | ||
Capital of Noncurrent Financial Asset | 996.774.000 Turkish Lira | ||
Acquirement Way | Satın Alma (Purchase) | ||
Date on which the Transaction was/will be Completed | Completed | ||
Acquisition Conditions | Peşin (Cash) | ||
Detailed Conditions if it is a Timed Payment | - | ||
Nominal Value of Shares Acquired | 2.132.020 Turkish Lira | ||
Purchase Price Per Share | 1 Turkish Lira | ||
Total Purchasing Value | 2.132.020 Turkish Lira | ||
Ratio of New Shares Acquired to Capital of Non-current | %0,21 | ||
Financial Asset (%) | |||
Total Ratio of Shares Owned in Capital of Non-current | %23 | ||
Financial Asset After Transaction (%) | |||
Total Voting Right Ratio Owned in Non-current Financial | %23 | ||
Asset After Transaction (%) | |||
Ratio of Non-current Financial Asset Acquired to Total | |||
Assets in Latest Disclosed Financial Statements of Company | %0,0028 | ||
(%) | |||
Ratio of Transaction Value to Sales in Latest Annual | %0,0034 | ||
Financial Statements of Company (%) | |||
Effects on Company Operations | - | ||
Did Takeover Bid Obligation Arised? | Hayır (No) | ||
Will Exemption Application be Made, if Takeover Bid | Hayır (No) | ||
Obligation Arised? | |||
Title/ Name-Surname of Counter Party | Kök Ulaşım Taşımacılık A.Ş. |
Is Counter Party a Related Party According to CMB | Hayır (No) |
Regulations? | |
Relation with Counter Party if any | - |
Agreement Signing Date if Exists | 29/04/2021 |
Value Determination Method of Non-current Financial Asset | Purchased at nominal value |
Did Valuation Report be Prepared? | Düzenlenmedi (Not Prepared) |
Reason for not Preparing Valuation Report if it was not | Not required by the legislation |
Prepared | |
Date and Number of Valuation Report | - |
Title of Valuation Company Prepared Report | - |
Value Determined in Valuation Report if Exists | - |
Reasons if Transaction wasn't/will not be performed in | - |
Accordance with Valuation Report | |
Explanations | |
As we have previously announced on 28.06.2018, our Group has become a 19.0% shareholder in Turkey's Automobile Joint Venture Group Inc. ("TOGG").
Based on the decisions taken at the Ordinary General Assembly on May 31, 2021 and within the framework of the provisions of the articles of association of TOGG; We have participated in the capital increase of TOGG raising its paid-in capital by TL 846,774,000 to TL 996,774,000 from TL 150,000,000. Kök Ulaşım Taşımacılık A.Ş. has decided not to participate in the capital increase and chose to narrow its fields of operations. This capital increase is met by the capital advance payments already made by the remaining shareholders and following the capital increase our ownership in TOGG increased to 22,8% from 19,0%.
On the other hand, within the framework of the shareholders agreement; After the capital increase, the purchase of 0.2% of the remaining 2.9% of the KÖK's TOGG capital by our Company at a nominal price was completed. As a result, our Company's final ownership in TOGG reached 23.0%.
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.