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Additional Explanations
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Our Board of Directors decided as of 31.12.2021, 1. In accordance with Capital Market Board's Communique II-22.1 on Share Buybacks and the related announcements dated 21.07.2016, 25.07.2016, and 23.03.2020, due to the current market price of Naturel Yenilenebilir Enerji A.Ş.'s shares traded at Borsa İstanbul is deemed ineffective in reflecting the true value and fundamentals of Naturel Yenilenebilir Enerji A.Ş., in order to protect our shareholders, to contribute to the fair valuation of our shares and in order to maintain the trust of our investors, our Board of Directors resolved to initiate a share buyback program from the market, 2. Determine the maximum number of shares that may be subject to buy-back be 2.300.000 with a total nominal value of TRY 2.300.000, 3. Determine the maximum amount of funds to be allocated for share buybacks to be TRY 105.000.000, which will be sourced from the current Company sources, 4. Present the buyback program to the information and approval of the first upcoming general assembly of shareholders and also to make necessary announcement on PDP. It is respectfully announced to the public and our investors. |
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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.