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Rights Issue (Via Preemptive Right)
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Other Aspects To Be Notified
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Additional Explanations
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In the meeting of Board of Directors today, it has unanimously been decided that; 1- Increasing the Company's paid-in capital in order to strengthen our equity structure, from 194,529,076 TL to 484,305,475 TL (an increase of 148,96302%) in cash, within the registered capital ceiling of 500,000,000 TL pursuant to the authority granted by Article 10 of our Company's Articles of Association, 2- Issuing of the newly issued shared with a nominal value of 289,776,399 TL as 28,977,639,900 registered, non-priveleged shares in dematerialized form and eligible for trading on the stock exchange, 3- Imposing no restrictions on the pre-emptive rights of existing shareholders and setting the exerice price for the pre-emptive rights at 10 TL for 100 shares with a nominal value of 1 TL each, 4- Setting the exercise periof for the pre-emptive rights as 15 calendar days and expiring this period at the end of the next business day if the last day of the period falls on an official holiday, 5- If any shares remain unsubscribed after the exercise of pre-emptive rights, offering the shares for sale on Borsa Istanbul Primary Market for a period of 2 business days, on the dates to be announced in the Sales Announcement to the Investors at a price not lower than the pre-emptive rights exercise price of 10 TL, and at the price to be determined by the market, 6- Preparing and submitting the necessary information and documents to the Capital Markets Board ("CMB") for the approval of the prospectus for the issuance of shares in accordance the provisions of the CMB's Communique on Shares (VII-128.1), the Communique on Prospectus and Issue Document and other applicable regulations, 7- Distributing the shares to be issued within the scope of the capital increase to the eligible shareholders in dematerialized form in accordance with the dematerialization regulations of the CMB and exercising the pre-emptive rights within the framework of dematerialization principles.
It is planned that the funds to be raised from the said capital increase will be used for the purpose of reducing financial indebtedness.
This material event disclosure has been prepared in both Turkish and English. In the event of any discrepancy between the two versions, the Turkish version shall prevail.
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