Date of Resolution of Board of Directors Regarding the Acquisition :  27/11/2014
Title of Financial Investment Acquired :  MIKES Microwave Electronic Systems, INC.
Field of Activity of Financial Investment :  Radar, electronic warfare and intelligence sub-systems
Capital of Financial Investment Acquired :  TL 39.000.000,-
Method of Acquisition :  Transfer of Shares
Completion Date of Process :  27/11/2014
Terms of Acquisition :  In Cash
Nominal Amount of Shares Acquired :  TL 1.170.000,-
Per Share Value :  TL 0,57707
Total Amount :  TL 675.174,58
Ratio of "Shares Acquired" to "Capital of Financial Investment" (%) :  3%
Participation Rate in Financial Investment after Acquisition (%) :  100%
Ratio of "Voting Right After Acquisition" to "Total Voting Right of Financial Investment" (%) :  100%
Ratio of "Financial Investment Acquired" to "Total Assets of Company in Recent Financial Table Disclosed". :  0,02773%
Impact on Activity of Company : Since the current fields of activity of MİKES, which are mostly in radar, electronic warfare and intelligence are similar and complementary; merger by the way of acquisition is expected to significantly increase synergy and efficiency
There was an Obligation for a Takeover Bid, or Not? :  No
Whether Exemption Application will be Made if There is an Obligation for a Takeover Bid, or Not? :  No
Name/Title of Seller :  Undersecretariat for Defense Industries (UDI)
Relationship of Seller With Company :  Main client
Valuation Method of Financial Investment :  Determined by taking shareholders equity of MIKES into account
A Valuation Report Is Prepared, or Not? :  Valuation Report has not been prepared
The Reason If Valuation Report Was Not Prepared :  Because of the size of the deal
Amount Determined With The Valuation Report :  -
The Reason If The Process Is Not Compatible With The Results In Valuation Report :  -​
distributed by