Brief: Sasa Polyester's Main Erdemoglu Holding Sells Around 2.7% Shares in Sasa Polyester To International Investor
15/05/2025 06:26
May 15 (Reuters) - SASA POLYESTER SANAYİ SASA.IS: 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% Source text for Workspace: nIKAb4ZJCK Further company coverage: SASA.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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