Anadolu Grubu : Announcement regarding the transfer of shares in Anadolu Kafkasya Enerji Yatırımları A.Ş. - November 8, 2019

KAMUYU AYDINLATMA PLATFORMU

AG ANADOLU GRUBU HOLDİNG A.Ş. Non-current Financial Asset Sale

Summary

Announcement regarding the transfer of shares in Anadolu Kafkasya Enerji Yatırımları A.Ş.

Non-Current Financial Asset Sale

Related Companies	[]
Related Funds	[]
	Non-Current Financial Asset Sale
	Update Notification Flag	Evet (Yes)
	Correction Notification Flag	Hayır (No)
	Date Of The Previous Notification About The Same Subject	16.11.2018
	Postponed Notification Flag	Hayır (No)
	Announcement Content
	Board Decision Date for Sale	07/11/2019
	Were Majority of Independent Board Members' Approved	-
	the Board Decision for Sale?
	Title of Non-current Financial Asset Sold	Anadolu Kafkasya Enerji Yatırımları A.Ş.
	Field of Activity of Non-current Financial Asset Sold	Production and transmission of electricity and
	establisment and operation of distibution facilities
	Capital of Non-current Financial Asset Sold	TL.203.700.000
	Date on which the Transaction was/will be Completed	08.11.2019
	Sales Conditions	Peşin (Cash)
	Nominal Value of Shares Sold	TL.13.770.120
	Sales Price Per Share	0,3631 sent
	Total Sales Value	USD 5.000.000
	Ratio of Shares Sold to Capital of Non-current Financial	6,76
	Asset (%)
	Total Ratio of Shares Owned in Capital of Non-current	61,49
	Financial Asset After Sales Transaction (%)
	Total Voting Right Ratio Owned in Non-current Financial	61,49
	Asset After Sales Transaction (%)
	Ratio of Non-current Financial Asset Sold to Total Assets in	0,02
	Latest Disclosed Financial Statements of Company (%)
	Ratio of Transaction Value to Sales in Latest Annual	0,13
	Financial Statements of Company (%)
	Effects on Company Operations	-
	Profit / Loss Arised After Transaction	TL. 14.969.880
	How will Sales Profit be Used if Exists?	75% of the profit from sales will be booked under
	equity to benefit from tax exemption.
	Board Decision Date for Use of Sales Profit if Exists	-
	Title/ Name-Surname of Counter Party Bought	Paravani Energy B.V.
	Is Counter Party a Related Party According to CMB	Hayır (No)
	Regulations?

Relation with Counter Party if any	The other shareholder of the financial asset sold
Agreement Signing Date if Exists	07/11/2019
Value Determination Method of Non-current Financial Asset	Negotiation
Did Valuation Report be Prepared?	Düzenlenmedi (Not Prepared)
Reason for not Preparing Valuation Report if it was not	Sales price determined based on negotiations
Prepared
Date and Number of Valuation Report	-
Title of Valuation Company Prepared Report	-
Value Determined in Valuation Report if Exists	-
Reasons if Transaction wasn't/will not be performed in	-
Accordance with Valuation Report
Explanations

As announced on November 16, 2018, in accordance with the consensus reached between the two parties on 14.11.2018, 6,76% of shares of Anadolu Kafkasya Enerji Yatırımları A.Ş. (Anadolu Kafkasya) was sold to our partner Paravani Energy B.V. (Paravani Energy) in one single cash payment for an amount of USD 5 mn on 08.11.2019. Following the transaction, our share in Anadolu Kafkasya decreased to 61,49% from 68,25%.

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.