|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
Rights Issue (Via Preemptive Right)
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
Other Aspects To Be Notified
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
Additional Explanations
|
||||||||||||||||||||||
|
The Board of Directors' Decision regarding Çan2 Termik A.Ş.'s Paid-in Capital Increase dated August 21, 2025 has been revised as follows with the addition of Article 6.
At the meeting of our Company's Board of Directors, the following resolutions were unanimously adopted.
1. Pursuant to the authority granted by Article 6 of the Company's Articles of Association and within the registered capital ceiling of TRY 10,000,000,000, it has been resolved to increase the issued capital of our Company from TRY 7,000,000,000 to TRY 10,000,000,000 by way of a capital increase in cash (rights issue) amounting to TRY 3,000,000,000, corresponding to 42.85%
2. The entire increased amount of TRY 3,000,000,000 will be represented by 3,000,000,000 registered shares with a nominal value of TRY 1.00 each and t
here shall be no restriction on the pre-emptive rights of existing shareholders, and the pre-emptive rights shall be exercised at their nominal value of TRY 1.00 for each share with a nominal value of TRY 1.00,
3.
The exercise period of pre-emptive rights shall be 15 (fifteen) days; in the event that the last day of this period falls on an official holiday, the period shall end on the evening of the next business day,
4.
Any remaining shares not exercised during the pre-emptive rights period shall be offered for sale on Borsa Istanbul A.Ş. Primary Market for 2 (two) business days at a price not lower than their nominal value. In case there are still unsold shares after this sale, such shares shall be cancelled within 6 (six) business days in accordance with the provisions of the Communiqué on Shares No. VII-128.1
5.
For the execution of the capital increase and the issuance of shares, necessary applications shall be made to the Capital Markets Board, Borsa Istanbul A.Ş., Central Securities Depository (MKK), the Ministry of Trade and other relevant institutions for the approval of the issuance certificate and the draft amendment to Article 6 of the Company's Articles of Association. Following the necessary approvals, the amendment shall be registered and announced by the Trade Registry Office,
6.
To consider the amount of 878,563,884.639 out of the total amount of 1,524,000,000 sent by Odaş Elektrik Üretim A.Ş. to Çan2 Termik A.Ş. on August 19, 2025 as a capital advance, thus, due to the decision to increase our Company's capital from TL 7,000,000,000 to TL 10,000,000,000 in cash, the relevant amount shall be evaluated and accounted for in order to cover the entire capital commitment to be made by Odaş Elektrik Üretim A.Ş. and no interest will be charged on the relevant amount
In contradiction between the Turkish and English versions of this document, the Turkish version shall prevail.
|
||||||||||||||||||||||
|