Info Yatırım completes 4,757,384.44-lira sale of SNT stake
The company transferred all its SNT shares to Sonat Bayram, while the sale’s profit or loss is still being calculated.
Key takeaways
- Info Yatırım completed the sale of all its SNT shares on October 9.
- The cash sale was valued at 4,757,384.44 lira.
- The company says the sale has no significant effect on its operations.
Info Yatırım completed the sale of all its shares in SNT Yazılım ve Finansal Teknolojiler to Sonat Bayram for 4,757,384.44 lira. The share transfer and payment were completed on October 9, according to the company’s KAP filing.
The buyer is not a related party under Capital Markets Board rules. The sale was agreed through negotiation, and no valuation report was prepared.
The transaction converts Info Yatırım’s ownership in SNT into cash; it is not a dividend payment. The company says the sale has no significant effect on its operations.
Info Yatırım has not yet calculated the transaction’s profit or loss. It said the amount will be recorded in its consolidated financial statements prepared under TFRS.
This article was produced with the help of AI technology. Source: Yahoo Finance
