20.12.2019
It has been resolved to fully exercise our right of acquiring new shares, and to set our participation amount in the cash capital increase as 35,250,000 Turkish Liras in the capital increase of Aslancık Elektrik Üretim A.Ş., our subsidiary, whereby our company has 25% shares in the entirely issued capital of 228,600,000 Turkish Lira to 369,600,000 Turkish Lira through the full cash payment (the capital increase has been approved at the extraordinary general assembly meeting of Aslancık Elektrik Üretim A.Ş. which was held on December 20, 2019). In addition to this, our direct subsidiary, Doğan Enerji Yatırımları Sanayi ve Ticaret A.Ş. has been resolved to fully exercise its right of acquiring new shares, and to set its participation amount in the cash capital increase as 11,750,000 Turkish Liras in the mentioned capital increase, whereby it has 8.33% shares in the entirely issued capital of Aslancık Elektrik Üretim A.Ş. The fund, be provided from the aforementioned capital increase, will be used by Aslancık Elektrik Üretim A.Ş. to restructuring the existing bank loans and paying off the bank loan.