Sasa Polyester Sanayi A.s.BIST: SASA

Sasa Polyester's Main Erdemoglu Holding Sells Around 2.7% Shares in Sasa Polyester To International Investor

· Issued by Sasa Polyester Sanayi A.s.

SASA POLYESTER SANAYİ BIST:SASA:

  • SASA POLYESTER SANAYI, HAS RECEIVED THE FOLLOWING STATEMENT FROM ITS MAIN SHAREHOLDER, ERDEMOĞLU HOLDING

  • ERDEMOĞLU ENTERED INTO A DERIVATIVE ARRANGEMENT RELATING TO THE SHARES OF SASA WITH AN INTERNATIONAL FINANCIAL INSTITUTION

  • TO HEDGE THE DERIVATIVE ARRANGEMENT, THE FINANCIAL INSTITUTION BUYS 1.20 BILLION SHARES IN SASA, REPRESENTING APPROXIMATELY 2.7% OF THE ISSUED CAPITAL OF SASA, DIRECTLY FROM ERDEMOĞLU

  • FOLLOWING THIS TRANSACTION, ERDEMOĞLU GLOBAL'S OWNERSHIP IN SASA DECREASED TO 17.4%, WHILE ERDEMOĞLU HOLDING'S DIRECT AND INDIRECT TOTAL OWNERSHIP REMAINED SAME AT 76.7%

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