ZTE Cooperatief U.A. initiated a mandatory tender offer to acquire the remaining 51.96% stake in Netas Telekomünikasyon A.S. (IBSE:NETAS) on July 28, 2017. The shareholders accepting the offer during the offer period shall be subject to a cap of $51 million, and any mandatory tender offer payment obligations in excess thereof shall be borne by OEP Rhea Turkey Tech B.V. The mandatory tender offer payment in relation to A shareholders accepting the offer during the offer period undertaken by ZTE Cooperatief shall be subject to a cap of $21 million, and any amounts payable in excess thereof shall be borne by OEP. Additionally, mandatory tender offer payment in relation to B shareholders accepting the offer during the offer period undertaken by ZTE Cooperatief shall be subject to a cap of $30 million, and any amounts payable in excess thereof shall be borne by OEP. Following the performance of mandatory tender offer obligations by ZTE Cooperatief, OEP shall acquire from ZTE Cooperatief B shares in Netas under its payment obligations at such price and on such terms and conditions as identical to those applicable during the mandatory offer period.