Akkok Sanayi Yatirim ve Gelistirme A.S. and CEZ, a.s. (SEP:BAACEZ) agreed to acquire additional 45% stake in Akenerji-CEZ from Akenerji Elektrik Uretim A.S. (IBSE:AKENR) for approximately TRY 220 million on June 28, 2012. Akenerji-CEZ reported revenue of TRY 635.8 million, EBIT of TRY 66.9 million, EBITDA of TRY 120.4 million, net loss of TRY 242.3 million and net debt of TRY 1.3 billion. Akkok Sanayi Yatirim ve Gelistirme A.S. and CEZ, a.s will each acquire 22.5% stake in Akenerji-CEZ. The transaction is subject to approval by the Turkish energy regulatory authority.

Akkok Sanayi Yatirim ve Gelistirme A.S. and CEZ, a.s. (SEP:BAACEZ) completed the acquisition of additional 45% stake in Akenerji-CEZ from Akenerji Elektrik Uretim A.S. (IBSE:AKENR) on April 29, 2013.