Summary Info
About Allocated Capital Increase CMB Process
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
08.09.2023
Authorized Capital (TL)
1.262.050.000
Paid-in Capital (TL)
800.000.000
Target Capital (TL)
938.116.902,57
Rights Issue (Allocated)
Share Group Info
Paid-in Capital (TL)
Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)
Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)
New Shares'' ISIN
Form
Amount of Shares Cancelled (TL)
CANTE, TRECAN200011
800.000.000
138.116.902,57
17,26461
CANTE, TRECAN200011
Registered
Paid-in Capital (TL)
Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)
Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)
Amount of Shares Cancelled (TL)
TOTAL
800.000.000
138.116.902,570
17,26461
The Person Increased Capital Devoted
Odaş Elektrik Üretim Sanayi Ticaret A.Ş.
Other Aspects To Be Notified
Capital Market Board Application Date
08.08.2023
Property of Increased Capital Shares
Dematerialized Share
Additional Explanations

In the material event disclosure dated 30.10.2023, following the approval of the application by CMB, it was stated that the final sale share price for the "Allocated Sale" will be determined within the framework of Borsa Istanbul A.Ş.'s Procedure for Wholesale Transactions and also, will not be lower than the maximum share price that Odaş sold between dates of 21-27.07.2023 according to CMB Bulletin on 27.10.2023 No: 2023/65 .


In the another material event disclosure dated 10.10.2023, it was announced that application for determining the final sale share price for the "Allocated Sale" within the framework of Borsa Istanbul A.Ş.'s Procedure for Wholesale Transactions has been submitted.


In that context, the sales price of the shares to be issued for the allocated capital increase has been evaluated by taking into account of Article 7.1 of the Wholesale Procedure of Borsa İstanbul A.Ş. for the application made on 30.10.2023 to Borsa İstanbul and the criteria specified in the Capital Markets Board's bulletin dated 27.10.2023 no:2023/65.


As a result, the sales price of the shares to be issued was determined as 21.76 TL for shares with a nominal value of 1.00 TL. In that respect, the application for the final Issuance Certificate has been made to the Capital Markets Board today by increasing the existing capital from 800,000,000 TL to 938,116,902 TL as a result of the allocated capital increase.


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