Developments in the Lawsuit Against Company

04.11.2021

Update Notification Flag

Yes

Correction Notification Flag

No

Date Of The Previous Notification About The Same Subject

19.11.2014, 12.02.2020, 16.12.2020

Postponed Notification Flag

No

Announcement Content

 

Date of Lawsuit

23.10.2014

Notification Date of Lawsuit to Company

19.11.2014

Subject of Lawsuit

Determining and collecting a fair and proper “Merger Rate” and “Price for Exercising the Exit Rights” as regard to TCC 191/1

Counterparties of Lawsuit

İzzettin Aygül, Ali Çalışkan

Lawsuit Amount

None

Ratio of Lawsuit Amount to Total Assets Disclosed in Latest Financial Statements of Entity (%)

-

Relavant Court and File Number

Istanbul Anatolian 2nd Commercial Court of First Instance (File Number 2020/43)

Trial Date

04.11.2021

Decision

There is no significant development in the compensation lawsuit which was held on 04/11/2021 related to merger decision that was discussed and confirmed in the Fifth Article of the Agenda in the Extraordinary General Meeting of Doğan Yayın Holding A.Ş. which was held on 06.08.2014 and who was merged within the scope of our Company by “taking over” all its assets and liabilities as a whole and expired with dissolution without liquidation. The next lawsuit will be postpone to 10/03/2022.

Next Trial Date

10.03.2022

Amount of Provision in Financial Statements if any

None

Effect to Operations of Company

None

In case of this, public disclosure will be made within the scope of legislation relating to this issue.

 

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