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BRIEF-Logo Yazilim shareholders EAS Solutions and Logo Teknoloji to decrease stake in company
October 17, 2016 / 7:26 AM / in 9 months

BRIEF-Logo Yazilim shareholders EAS Solutions and Logo Teknoloji to decrease stake in company

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Oct 17 (Reuters) - Logo Yazilim :

* Shareholder EAS Solutions initiate the selling process of Class B shares with a nominal value of 6.0 million lira, or 24 percent of the share capital of the Company

* Logo Teknoloji initiates selling process of Class B shares with a nominal value of 1.5 million lira, or approximately 6 percent of the share capital of the Company

* In addition, EAS Solutions declares that it may sell further Class B shares with a nominal value of up to 2.0 million lira or 8% of the capital of the Company and Logo Teknoloji also declares that it may sell further Class B shares with a nominal value of up to 500,000 lira or 2% of the share capital of the Company

* EAS Solutions and Logo Teknoloji appoint Citigroup Global Markets Limited and Ak Yatrm Menkul Deerler as the intermediary institutions to conduct this transaction.

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