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Bonus Issue
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Additional Explanations
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The Board of Directors of our Company resolved, as a result of the resolutions of the Ordinary General Assembly for the year 2019 of our Company as held on 27.03.2020, to raise the Share Capital of our Company, within the authorized Registered Share Capital Ceiling of TL 6,000,000,000 (Six Billion Turkish Liras) thereof, from its current level of TL 5,000,000,000 (Five Billion Turkish Liras) to TL 5,600,000,000 (Five Billion Six Hundred Million Turkish Liras) by increasing it 12%; and to cover TL 250,000,000 of such increased amount of TL 600,000,000 (Six Hundred Million Turkish Liras) from the 1st Dividends of 2019, a further total of TL 350,000,000 from the 2nd Dividends and for this purpose, to issue to a total of 5,000,000,000 holders of Registered Nominal Shares, bonus shares free of charge in proportion to their shares at a rate of 12% of each share they hold; and to issue the respective share certificates representing such increased part in the Share Capital as Registered Nominal Shares; and to make the necessary application to the Capital Markets Board for the approval of the Share Issue Certificate for capital increase as prepared for this purpose. (Translation into English is just for informational purposes. In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail.) |
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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.