Hepsiburada announces grant of all regulatory approvals for change of control and call for extraordinary general assembly meeting

Istanbul, jan. 03, 2025 (globe newswire) -- d-market electronic services & trading (d/b/a “hepsiburada”) (nasdaq: heps), a leading turkish e-commerce platform (referred to herein as “hepsiburada” or the “company”), announces that, as of january 2, 2025, the four regulatory approvals required for effecting the previously announced sale and purchase of 65.4% of the total outstanding shares of the company pursuant to the stock purchase agreement dated october 17, 2024, between joint stock company kaspi.kz, as buyer, and the selling controlling shareholders of hepsiburada identified therein, as sellers (the “stock purchase agreement”) have been granted. the relevant regulatory authorities identified in the stock purchase agreement were the following: the turkish competition board, the banking regulation and supervision agency, the information technologies and communications authority and the central bank of the republic of tÜrkiye.
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