The share sale of 41 million shares of Çan2 Termik A.Ş., a subsidiary of our company, with a total value of 689,364,800 TL has been realised on the stock exchange today, and a total of 3,694,788,600 TL resources were obtained with the share sales made between 21.07.2023-27.07.2023, and all share sales transactions targeted in this process were successfully completed and the process was terminated.
The aim of the aforementioned share sales transactions is to complete the early closure of the company's loans, to close its liabilities in foreign currency, to strengthen the capital structure of the Company and to ensure the release of the revenues to be obtained from various activities of the group.
Kindly announced to the public.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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.
