Summary Info
Board Resolution on Conditional Capital Increase and CMB Application
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
04.07.2023
Authorized Capital (TL)
15.000.000.000
Paid-in Capital (TL)
5.295.959.799,1
Target Capital (TL)
5.298.542.110,1
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)
SASA, TRASASAW91E4
5.295.959.799,1
2.582.311
0,04876
SASA, TRASASAW91E4
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
5.295.959.799,1
2.582.311,000
0,04876
The Person Increased Capital Devoted
Paya Dönüştürülebilir Tahvil Sahipleri
Other Aspects To Be Notified
Capital Market Board Application Date
05.07.2023
Property of Increased Capital Shares
Dematerialized Share
Additional Explanations

At our company's Board of Directors Meeting held on 4 July 2023, the following issues were resolved:

-To meet the demands of the Convertible Bond (CB) holders who request to exercise their conversion rights in June 2023 by realizing a conditional capital increase;

-To calculate the shares to be given to the CB holders who demand to exercise their conversion rights for a total principal bond amount of EUR 2,000,000 over the conversion price of EUR 0.007745 per share and the conversion rate of 12,911,555.84 per EUR 100.000 principal amount of the bonds;

-To increase the issued capital of the company from TRY 5,295,959,799.10 to TRY 5,298,542,110.10 by the conversion amount of TRY 2,582,311;

-To restrict the preemptive rights completely for the conditional capital increase and to allocate all of the new shares to be issued to the CB holders who demand to exercise their conversion rights in June 2023.

In this context, an application was made to the Capital Markets Board on 5 July 2023 in order to get permission for the capital increase and approval of the issuance document.

In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.