Summary Info
Our application regarding the increase of our Company's issued capital from TL 194,529,076 to TL 484,305,475 through a rights issue (paid-in capital increase) has been negatively evaluated by the CMB
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
12.09.2025
Authorized Capital (TL)
500.000.000
Paid-in Capital (TL)
194.529.076
Target Capital (TL)
484.305.475
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)
KORDS, TRAKORDS91B2
194.529.076
289.776.399,000
148,96302
10,00
KORDS, TRAKORDS91B2
Registered
Paid-in Capital (TL)
Preemptive Rights Amount (TL)
Preemptive Rights Rate (%)
Unused Rights Amount (TL)
Amount of Shares Cancelled (TL)
TOTAL
194.529.076
289.776.399,000
148,96302
Explanation About The Shares Not Sold
The shares will be acquired by our controlling shareholder, Hacı Ömer Sabancı Holding A.Ş.
Currency Unit
TRY
Other Aspects To Be Notified
Capital Market Board Application Date
26.09.2025
Capital Market Board Application Result
Rejection
Property of Increased Capital Shares
Dematerialized Share
Additional Explanations

Within the framework of the Board of Directors Resolution of our Company dated September 12, 2025 and numbered 2025-23; an application was submitted to the Capital Markets Board on September 26, 2025 for the approval of the prospectus prepared for the issuance and public offering of shares with a nominal value of TL 289,776,399, which would be issued through the increase of our Company's issued capital from TL 194,529,076 to TL 484,305,475 - through a cash capital increase of TL 289,776,399 - within the registered capital ceiling of TL 500,000,000.

Our application has been resolved to be negatively evaluated by the Capital Markets Board of Türkiye. As announced in the CMB Weekly Bulletin dated March 4, 2026 and numbered 2026/12, the request for the approval of the prospectus and the announcement for sale prepared in relation to the issuance and public offering shares with a nominal value of TL 289,776,399 has not been deemed appropriate by the Board.

An application was submitted to the Capital Markets Board on March 3, 2026, requesting approval for the planned amendment to the Article 10 of our Company's Articles of Association to extend the validty period of the authorized capital ceiling to cover the years 2026-2030 and to increase the authorized capital ceiling from TL 500,000,000 to TL 10,000,000,000. In this context, all capital increase options will be evaluated in the upcoming period, and updates will be publicly disclosed