Related Companies
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[GRNYO, GARFA]
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15.11.2021-18.11.2021
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Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), has informed Türkiye Garanti Bankası A.Ş. ("Garanti BBVA") of the following: In relation with the voluntary tender offer launched by BBVA for the entire share capital of Garanti BBVA ("VTO"), the relevant authorisations required, both in Turkey and in other jurisdictions, for the acquisition of more than 50% of Garanti BBVA total share capital were obtained. Accordingly, BBVA applied to the Capital Markets Board of Turkey ("CMB") for its approval on the VTO and the information memorandum in accordance with Section 4 of the Communiqué on Takeover Bids (Pay Alım Teklifi Tebliği) no. II-26.1 ("Communiqué"). As of today, the CMB approved the information memorandum in accordance with Section 4 of the Communiqué in their letter numbered E-29833736-110.05.05-19391 and dated March 31, 2022. The information memorandum on the VTO is attached and will be available to Garanti BBVA shareholders and investors on the following webpages: https://kap.org.tr/, https://www.garantibbvainvestorrelations.com/ https://www.garantibbva.com.tr/, https://www.bbva.com/ and https://www.garantibbvayatirim.com.tr/. The tender offer period for the VTO will start on April 4, 2022 and will last for a term of 20 business days (i.e. VTO ending date on April 29, 2022). As indicated in the information memorandum on the VTO attached, the VTO price is TRY 12.20 for shares with a nominal value of TRY 1.00. *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.