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Rights Issue (Allocated)
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Additional Explanations
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Reference: VakıfBank Public Disclosure Dated on May 15th, 2020 Shares issued by our VakıfBank with a nominal value TL 1,405,622,489.960 were privately placed to Turkey Wealth Fund at a share sale price of TL 4.98 per TL 1.00 nominal valued shares through a wholesale transaction on the Borsa share market on May 20th, 2020 and the total sales proceeds amount to TL 7,000,000,000. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, 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.