Yazicilar : Announcement regarding the exercise of the buy/sell option in MH Perakendecilik ve Ticaret A.Ş
May 04, 2017 at 08:24 am
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As stated in our announcement dated July 15, 2017, in regard of the 19.5% share of BC Partners managed Moonlight Capital S.A. (Moonlight Capital) in MH Perakendecilik ve Ticaret A.Ş. (MH Perakendecilik), which holds 50% shares of Migros Ticaret A.Ş. (Migros), Anadolu Endüstri Holding A.Ş. (AEH) retained a 'buy option' and Moonlight Capital retained a 'sell option', to be exercised within the May 1, 2017 and October 31, 2017 period.
In this context, Moonlight Capital has notified AEH on May 2, 2017 of its decision regarding the exercise of the aforementioned sale option.
In regard of this transaction, it is calculated that AEH will pay total amount of TL 509,029,436 after deductions, for the purchase of 19.5% shares of MH Perakendecilik, based on per share price of TL 30.2 for Migros, in line with the provisions of the Share Purchase Agreement dated Dec. 31, 2014. The exercise of the option will be completed by the end of the 10th business day following this notification; i.e. May 16, 2017 pursuant to the transfer of purchase amount and shares, again along the provisions of the Share Purchase Agreement. Following the transaction, while AEH's share in MH Perakendecilik will increase to 100.0% and accordingly its indirect share in Migros will increase to 50.0%, BC Partners' share in Migros through the funds it manages will be at 30.5%. Migros will continue to be managed as co-control by BC Partners' managed funds and AEH; as such there will be no mandatory tender offer requirement.
Yazicilar Holding AS published this content on 03 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 May 2017 07:24:22 UTC.
Original documenthttp://www.yazicilarholding.com/investor_relations/announcements_detail.aspx?SectionID=UzJrPpwB%2bWLwb0d13kLTZA%3d%3d&ContentID=ACgftg7kL4tRcFtPgsw%2bug%3d%3d
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AG Anadolu Grubu Holding AS, formerly Yazicilar Holding AS, is a Turkey-based holding company. It is the major shareholder of Anadolu Endustri Holding AS and its subsidiaries, forming the Anadolu Group. The Anadolu Group is organized and primarily managed in five main segments: Beer; Soft Drinks; Automotive, including passenger and commercial vehicles, spare parts and generators; Financial Services, including banking, leasing, and brokerage, portfolio management in capital markets and consumer finance, as well as Retail, including stationery, office supplies, food, consumer durables and restaurant chain management. The companies in its portfolio include: Anadolu Efes, Efes Brewers International, Coca-Cola Icecek, Anadolu Araclar Ticaret AS, Celik Motor, Anadolu Motor, Efestur Turizm Isletmeleri AS, Anadolu Restoran Isletmeleri AS, Oyex Handels GmbH, Anadolu Elektronik, Alternatifbank, Alternatif Finansal Kiralama and Adel Kalemcilik.
AG ANADOLU GRUBU HOLDING 
