AKBANK T.A.Ş.

Notification Regarding Capital Increase - Decrease

Publish Date:25.01.2019 19:52:12
Disclosure Type:ODA
Year:
Period:
Summary Info
Completion of the sales procedures and Amendment to the Articles of Association.
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
05.12.2018
Authorized Capital (TL)
10.000.000.000
Paid-in Capital (TL)
4.000.000.000
Target Capital (TL)
5.200.000.000
Rights Issue (Via Preemptive Right)
Share Group Info
Paid-in Capital (TL)
Preemptive Rights Amount (TL)
Preemptive Rights Rate (%)
Preemptive Rights Price
Share Group Issued
New Shares' ISIN
Form
Preemptive Rights ISIN Code
Unused Rights Amount (TL)
Amount of Shares Cancelled (TL)
AKBNK, TRAAKBNK91N6
4.000.000.000
1.200.000.000
30,00000
2,5
AKBNK, TRAAKBNK91N6
Registered
AKBNK(RÜÇHAN), TRRAKBK00015
1.477.315,049
Paid-in Capital (TL)
Preemptive Rights Amount (TL)
Preemptive Rights Rate (%)
Unused Rights Amount (TL)
Amount of Shares Cancelled (TL)
TOTAL
4.000.000.000
1.200.000.000,000
30,00000
1.477.315,049
Explanation About The Shares Not Sold
Details regarding the commitment are included in the disclosure.
Rights Issue Ex-Date
03.01.2019
Preemptive Rights Exercise End Date
17.01.2019
Currency Unit
TRY
Other Aspects To Be Notified
Number of Articles of Association Item To Be Amended
9
Capital Market Board Application Date Regarding Articles of Association
25.01.2019
Capital Market Board Application Date
18.12.2018
Capital Market Board Application Result
Approval
Capital Market Board Approval Date
27.12.2018
Property of Increased Capital Shares
Dematerialized Share
Payment Date
07.01.2019
Record Date
04.01.2019
Additional Explanations

By the Board of Directors of our Bank, it has been decided that;

· Capital Markets Board shall be notified about the completion of the sales procedures regarding the issued shares representing the increased capital of TL 1,200,000,000, with full cash payment and in accordance with the procedures and principles stated in the prospectus, as a result of the 30% paid-in-capital increase from TL 4,000,000,000 to TL 5,200,000,000.

· The amendments (in attachment) shall be made to the Article 9 of our Bank's Articles of Association, titled "Capital and Mode and Terms of Payment of Capital".

· The General Directorate shall be authorized to execute all transactions within the scope of this decision.

In this regard Our Bank has applied to Banking Regulation and Supervision Agency and Capital Markets Board regarding the amendment to the Articles of Association.

In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
Ana_Sözleşme_Tadil_Metni.pdf
Appendix: 2
Amendment_To_The_AoA.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.