Aéroports de Paris SA, mother company of Groupe ADP, though its subsidiary Tank ÖWA alpha GmbH, entered into a share purchase agreement, signed on 9 June 2017, with Akfen Holding A.S. for the acquisition of Akfen Holding`s whole stake in TAV Havalimanlari Holding A.S. Groupe ADP has been a 38% shareholder of TAV Airports since 2012. With this transaction, Groupe ADP will acquire an 8.12% stake in TAV Airports, for an amount of USD 160 million. Following this transaction, Dr. M. Sani Sener will continue in his position as CEO of TAV Airports. M. Edward Arkwright will be proposed to be appointed as Chairman of the Board of Directors of TAV Airports by the next General Shareholders Meeting. TAV Airports` Board of Directors would still be constituted by a total of 11 members, with 5 members to be appointed by Groupe ADP, 1 for who Tepe can propose a candidate and 1 for who Sera can propose a candidate and 4 independent members to be proposed by the Nomination Committee to the General Shareholder Meeting.