Participation in Capital Increase of our Subsidiary – Ultra Kablolu

23.05.2018

During our Board Meeting dated 23.05.2018 (today);

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 2,550,000 Turkish Liras in the capital increase of Ultra Kablolu Televizyon ve Telekomunikasyon Sanayi ve Ticaret A.Ş., our subsidiary, whereby our company has 50% shares in the entirely issued capital of 14,624,000 Turkish Lira to 19,724,000 Turkish Lira through the full cash payment (the capital increase has been approved at the extraordinary general assembly meeting of Ultra Kablolu Televizyon ve Telekomunikasyon Sanayi ve Ticaret A.Ş. which held on May 21, 2018).

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