AG Anadolu Grubu : Signing of binding purchase and partnership agreements for the sale of 75% shares of Moov Dijital Ulaşım Çözümleri Ticaret A.Ş to Getir Perakende Lojistik A.Ş., approval of Competition Board - October 21, 2021
October 20, 2021
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KAMUYU AYDINLATMA PLATFORMU
AG ANADOLU GRUBU HOLDİNG A.Ş.
Material Event Disclosure (General)
Summary
Signing of binding purchase and partnership agreements for the sale of 75% shares of Moov Dijital Ulaşım Çözümleri Ticaret A.Ş to Getir Perakende Lojistik A.Ş., approval of Competition Board
Material Event Disclosure General
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Material Event Disclosure General
Update Notification Flag
Evet (Yes)
Correction Notification Flag
Hayır (No)
Date Of The Previous Notification About The Same Subject
19.08.2021
Postponed Notification Flag
Hayır (No)
Announcement Content
Explanations
As we previously announced on public disclosure platform (PDP) on 19.08.2021, we had reached a non-binding agreement with Getir Perakende Lojistik A.Ş. for equity stake sale of 75% of Moov Dijital Ulaşım Çözümleri Ticaret A.Ş (MOOV) which is an hourly car rental service company and 100% owned by our subsidiary Celik Motor Ticaret A.Ş. and as such preparations related to the transfer agreement had started.
In this context, we have received the approval of the Competition Board, and binding purchase and partnership agreements have been signed between the parties.
As we have previously announced on public disclosure platform (PDP) on 19.08.2021, according to the agreement reached by the parties, the transfer price for the 75% of the shares of Moov will be determined by on top of 16.000.000 USD, adding /subtracting 75% of the amount to be calculated by netting assets related with the vehicles and liabilities in the balance sheet of the MOOV on the closing date of transaction. As a result of this calculation, it is estimated that the total transfer value will be around 23.000.000.- USD but the exact final transfer value will be determined on the date of the completion of the share transfer.
The transfer is aimed to be completed within the shortest period of time. We will continue to inform the public when there are new developments.
We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.
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AG Anadolu Grubu Holding AS published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 07:12:01 UTC.
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 : Signing of binding purchase and partnership agreements for the sale of 75% shares of Moov Dijital Ulaşım Çözümleri Ticaret A.Ş to Getir Perakende Lojistik A.Ş., approval of Competition Board - October 21, 2021