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[AKBNK]
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English
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Hayır (No)
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Hayır (No)
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-
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In the meeting of the Board of Directors of our company today; 40.75% of our subsidiary, Akbank T.A.Ş. announced to the public; According to the resolution of the board of directors, "increasing the Capital of the Company from TL 4,000,000,000 (four billion) to TL 5,200,000,000 (five billion two hundred million) and increasing the capital of TL 1,200,000,000 (one billion two hundred million) by using the new Share Acquisition Rights (priority right) of TL 2,5 in premium.", - In the exercise of the right to new share (priority right), the right to new share at the rate of participation is exercised - To make a commitment to the purchase of the shares in the event that the new share rights of the unused shares are decided to be publicly offered and if there are non-resaleable shares; decided. The above disclosure is a postponed announcement. Akbank and Sabancı Holding have decided to postpone the above disclosure with a decision taken on 28 November 2018. The reasons for the postponement were: - No decision was taken by the Board of Directors, - Although the rights issue was planned, the details of the rights issue, related investor communication and timing was not determined - To avoid any misleading, incomplete and inaccurate information flow, which could lead to speculative moves, To protect the legitimate right of our shareholders In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.