TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş.

Notification Regarding Capital Increase - Decrease

Publish Date:14.02.2023 18:48:34
Disclosure Type:ODA
Year:
Period:
Summary Info
The Decision of the Board of Directors on the Bonus Issue
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
14.02.2023
Authorized Capital (TL)
500.000.000
Paid-in Capital (TL)
275.256.514
Target Capital (TL)
1.926.795.598
Bonus Issue
Share Group Info
Paid-in Capital (TL)
Amount of Bonus Issue From Internal Resources (TL)
Rate of Bonus Issue From Internal Resources (%)
Amount of Bonus Issue From Dividend (TL)
Rate of Bonus Issue From Dividend (%)
Share Group Issued
New Shares'' ISIN
Nevi
A Grubu, TUPRS, TRATUPRS91E8
275.256.513,99
1.651.539.083,940
600,00000
A Grubu
A Grubu, TUPRS, TRATUPRS91E8
Registered
C Grubu, İşlem Görmüyor, TRETPRS00011
0,01
0,060
600,00000
A Grubu
A Grubu, TUPRS, TRATUPRS91E8
Registered
Paid-in Capital (TL)
Amount of Bonus Issue From Internal Resources (TL)
Rate of Bonus Issue From Internal Resources (%)
Amount of Bonus Issue From Dividend (TL)
Rate of Bonus Issue From Dividend (%)
TOTAL
275.256.514
1.651.539.084,000
600,00000
Details of Internal Resources :
Inflation Adjustment on Equity (TL)
1.344.242.642
Previous Years'' Profits (TL)
307.296.442
Additional Explanations

By our company's Board of Directors;

1. While the registered capital ceiling of our company is 500,000,000 TL, in the CMB's Registered Capital System, "By adding all kinds of internal resources and dividends to the capital, and as a result of mergers, divisions and similar transactions that require a general assembly resolution, the registered capital ceiling may be exceeded for once within the scope of each ceiling." pursuant to this provision, the issued capital of 275,256,514 TL to be increased by 600% to TL 1,926,795,598 with an increase of 1,651,539,084 TL, fully covered by internal resources.

2. The distribution of the shares formed as a result of the capital increase, to the existing shareholders in proportion to their participation in the capital, in accordance with the article 6 of the articles of association titled Capital, "In any case, the Board of Directors will issue new Group A shares in proportion to the ratio of the shares held by the A Group shareholders in the Company during the capital increase. Shareholders participate in capital increases by purchasing the shares to be issued in the same group as the shares they own. However, Group C shareholders will not participate in these increases and Group C shares will continue to exist as 1 share." Since the number of C group shares cannot be changed, pursuant to this provision, the Group C shareholder will also be given Group A shares with this bonus issue,

3. Capital increase amounting to TL 1.651.539.084 to be made from internal resources, According to the financial statements prepared in line with Tax Procedure Law records, 1.193.165.283.69 TL from Capital Inflation Adjustment Differences, 247.863.333.91 TL from Secondary Legal Reserve Inflation Adjustment Differences, 180.798.214.95 TL from Extraordinary Inflation Adjustment Differences, 29.712.251,45 TL First Order Legal Reserve to be covered from Inflation Adjustment Differences,

According to the financial statements prepared in accordance with TFRS, 1.344.242.642 TL to be covered from Capital Inflation Adjustment Differences, 307.296.442 TL from Retained Earnings,

4. Regarding the capital increase from internal resources, article 6 of the Article of Association titled "Capital" is amended in accordance with the provisions of the Turkish Commercial Code and the capital market legislation, as attached,

5. Necessary applications and procedures to be made to the Capital Markets Board, Borsa İstanbul A.Ş. and Central Registry Agency Inc. and to other organizations, for the realization of the bonus capital increase from internal resources and the approval of the issue document regarding the shares to be issued in the capital increase and the amendment draft of article 6 titled "Capital" of the articles of association,

has been decided.

Supplementary Documents
Appendix: 1
Tüpraş_Tadil Metni_SPK.pdf
Appendix: 2
Article_Association_CMB.pdf
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.