Brief: Aygaz Says It Completes Establishment Of Business Partnership To Conduct The Activities Of Sendeo And Ekol Ekspres Under The Kolay Gelsin Brand

Aygaz

28/06/2024 16:52

June 28 (Reuters) - AYGAZ A.S.  AYGAZ.IS :
    * ALL PREREQUISITES FOR CONDUCTING THE ACTIVITIES OF SENDEO
DAGITIM HIZMETLERI ("SENDEO"), IN WHICH KOÇ HOLDING AND AYGAZ
A.S. COLLECTIVELY OWN ALL SHARES, AND EKOL EKSPRES KARGO ("KOLAY
GELSIN"), WHICH IS WHOLLY OWNED BY AHMET MUSUL, UNDER THE "KOLAY
GELSIN" BRAND WITH THE PRINCIPLE OF EQUAL PARTNERSHIP OF SENDEO
SHAREHOLDERS AND AHMET MUSUL HAVE BEEN COMPLETED
    * SHARE PURCHASE AND SUBSCRIPTION AGREEMENT BETWEEN AHMET
MUSUL
AND KOC GROUP FOR THE ACQUISITION OF THE SHARES REPRESENTING 50%
OF SENDEO CAPITAL FROM KOC HOLDING AND AYGAZ BY AHMET MUSUL IN
PROPORTION TO THEIR SHARES FOR A TOTAL AMOUNT OF 165 MILLION TL
AND CASH CAPITAL INCREASE OF 330 MILLION TL WITH THE
PARTICIPATION OF ALL SHAREHOLDERS IN THE NEW SHAREHOLDER
STRUCTURE IN PROPORTION TO THEIR SHARES IN SENDEO
    * SHARE PURCHASE AGREEMENT BETWEEN AHMET MUSUL AND SENDEO
FOR THE
ACQUISITION OF ALL SHARES REPRESENTING KOLAY GELSIN CAPITAL FROM
AHMET MUSUL BY SENDEO FOR A TOTAL AMOUNT OF 330 MILLION TL HAVE
BEEN SIGNED
    * SHAREHOLDERS' AGREEMENT BETWEEN AHMET MUSUL AND KOC GROUP
FOR
THE RIGHTS AND OBLIGATIONS OF SHAREHOLDERS IN SENDEO AND KOLAY
GELSIN ON THE BASIS OF JOINT CONTROL HAVE BEEN EXECUTED ON JUNE
28 AND ALL CLOSING TRANSACTIONS AND SHARE TRANSFERS STIPULATED
IN THE AGREEMENTS HAVE BEEN COMPLETED

        
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