A Memorandum of Understanding (MoU) was signed on June 11, 2024, between Kontrolmatik and Mediterra Capital Management Limited (Mediterra) regarding an investment in our 88.1% subsidiary, Pomega Enerji Depolama Teknoloji A.Ş. (Pomega), with a valuation of 500,000,000 USD. The agreement specifies:
i) An investment of 25,000,000 USD by Mediterra Capital Partners III, L.P.
ii) An investment of 15,000,000 USD by Mediterra's co-investors
This totals an investment of 40,000,000 USD in exchange for 8% of Pomega's shares to be transferred to Mediterra Capital Partners III, L.P. and Mediterra's co-investors.
The parties have agreed to commence due diligence, and upon the successful completion of this process, the closing transactions will proceed.
This disclosure is available in English and in case of any discrepancies between the Turkish and English versions of this disclosure, the Turkish version shall prevail.