The Board of Directors authorized Mr. Haluk Dortluoglu, Executive Committee Member & CFO, at 12.09.2019 to issue the sale of all 7.635.666 BIMAS treasury shares obtained within the scope of share buyback programs initiated on 22.07.2016 and 08.05.2018 in accordance with the Capital Market Legislation.
In accordance with the related authorization, all shares were sold at the price of TL 48.00 on 12.09.2019. As a result of the related transaction, the Company does not have any treasury shares at hand and the sales gain amounting to TL 130.782.570 (excluding commission) will be presented in the equity of the Company IFRS financials.
The details of the transaction is listed below