Shareholder Structure & Subsidiaries

With the appropriate permission from Borsa Istanbul, shares equal to TL 27,311 representing 55% of nominal shares was offered to public on 15 June 2017 with the ticker MAVI.

Capital structure of the Group as of November 7, 2018 is as follows;


% 07.11.2018
Fatma Elif Akarlılar 9,6 4,500,000
Seyhan Akarlılar 9,6 4,500,000
Hayriye Fethiye Akarlılar 9,6 4,500,000
Blue International Holding B.V. 0,22 108.293
Public - Schroder International Selection Fund 6,54 3,245,483
Other Public 66,28 32,911,517

100,00 49,657,000

Direct and Indirect Subsidiaries

Direct and indirect subsidiaries of the Company are as follows;

Subsidiary Country Share
Mavi Europe AG Germany 100%
Mavi Jeans Nederland BV Netherland 100%
Mavi Jeans LLC Limited Russia 100%
Mavi Kazakhstan LLP Kazakhstan 100%
Eflatun Giyim Yatırım Tic. A.Ş. Turkey 51,00%
Mavi Jeans Canada Canada 63,25%
Mavi Jeans Inc. USA 51,00%