ŞA-RA Enerji Completed a Share Buyback from Two Investment Funds for TRY 409.3 Million

ŞA-RA Enerji bought back a total of 12.3 million company shares held in the portfolio of two investment funds whose liquidation processes are being carried out by Türkiye İş Bankası A.Ş., off the exchange. The buyback of the shares, corresponding to 2.77 percent of the company's issued capital, was carried out for a consideration of TRY 409.3 million.

ŞA-RA Enerji İnşaat Ticaret ve Sanayi A.Ş., traded on Borsa İstanbul under the code SARAE, announced the transaction regarding the buyback of company shares held in the portfolios of the investment funds under liquidation on the Public Disclosure Platform (KAP).

In line with the company's Board of Directors resolution dated 12 November 2026 and numbered 49, ŞA-RA Enerji shares held in the THF (Tera Portföy Hisse Senedi Fonu) and DOH (Tera Portföy Dördüncü Hisse Senedi Serbest Fonu) portfolios, whose liquidation processes are being carried out by Türkiye İş Bankası A.Ş., were bought back.

The Buyback Transaction Was Carried Out Based on the Previous Day's Closing Price

In the transaction carried out on 12 November 2026, the end-of-day closing price of TRY 33.20 formed on Borsa İstanbul on 11 November 2026 was taken as the basis. A total of 12,329,698 SARAE shares were bought back by the company off the exchange via transfer, for a consideration of TRY 409,345,973.60.

The ratio of the repurchased shares to ŞA-RA Enerji's issued capital was announced as 2.77 percent.

The Buyback Consideration Was Funded from the Company's Internal Resources

It was reported that the amount used in the share buyback was funded from the company's internal resources. In the KAP disclosure, it was stated that the effects of the transaction on the company's financial position and payment capacity were evaluated by the Board of Directors.

Detailed disclosure regarding the transaction can be accessed via the Public Disclosure Platform.