Notification for the acquisition of shares of subsidiary through capitalization of receivables
NIREUS SA announces that the today is finalized the implementation of the decision of the 22.12.2010 Ordinary General Meeting of the company İlknak Su Ürünleri Sanayi ve Ticaret A.Ş., that had first resolved, and was pending, the increase of the company's share capital through the capitalization of its liabilities to NIREUS SA with the issuance of new shares that are allocated entirely to NIREUS SA.
NIREUS SA announces that it now controls directly 52,53% of its subsidiary İlknak Su Ürünleri Sanayi ve Ticaret A.Ş., after the capitalization of receivables from the aforementioned subsidiary amounting to € 3.923.491,91.
The subsidiary İlknak Su Ürünleri Sanayi ve Ticaret A.Ş. is a related party to NIREUS SA since 31/12/2005 and is consolidated with the full consolidation method.