M&A Activity • Nov 27, 2025
M&A Activity
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| Summary Info | Announcement Regarding the Merger Through Acquisition with Our Subsidiary Artel Bilişim Servisleri A.Ş. / CMB Approval |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Board Decision Date | 22.08.2025 |
| Merger Model | Merger Through Acquisition |
| Date Of Financial Statements Base To Merger | 30.06.2025 |
| Currency Unit | TRY |
| Acquired Company | Trading On The Stock Exchange/Not Trading On The Stock Exchange | Share Exchange Rate | Group of Share To Be Distributed To Acquired Company Shareholders | Form of Share To Be Distributed To Acquired Company Shareholders |
| Artel Bilişim Servisleri A.Ş. | Not Trading On The Stock Exchange |
| Share Group Info | Paid In Capital | Amount Of Capital To Be Increased Due To The Acquisition (TL) | Capital To Be Decreased (TL) | Target Capital | New Shares To Be Given Due To Merger |
| A Grubu, İşlem Görmüyor, TRETCEL00012 | 330.000.000 | 330.000.000 | |||
| B Grubu, TCELL, TRATCELL91M1 | 1.870.000.000 | 1.870.000.000 |
| Paid In Capital | Amount Of Capital To Be Increased Due To The Acquisition (TL) | Capital To Be Decreased (TL) | Target Capital | |
| TOTAL | 2.200.000.000 TL | 0 TL | 0 TL | 2.200.000.000 TL |
| Capital Market Board Application Date Regarding Merger | 16.09.2025 |
| Capital Market Board Application Result Regarding Merger | APPROVAL |
| Capital Market Board Approval Date Regarding Merger | 25.11.2025 |
| Capital Market Board Application Date | 16.09.2025 |
Additional Explanations
The application made to the Capital Markets Board ("CMB") on September 16, 2025 for the "Merger via Facilitated Procedure" with our wholly owned subsidiary Artel Bilişim Servisleri A.Ş. ("Artel") was approved* with the decision published in the bulletin dated November 25, 2025 and numbered 2025/60.
*The announcement text and merger agreement are available in Turkish on our website.
Documents Regarding Merger
| Appendix: 1 | Duyuru Metni-27.11.2025.pdf - Announcement Text |
| Appendix: 2 | Birleşme Sözleşmesi-27.11.2025.pdf - Merger Contract |
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