Summary Info
Applications to CMB and BRSA Regarding the Partial Facilitated Demerger Through Associate Model
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
SISE, TSKB, TSGYO, ISMEN, ISGYO, ANHYT, ISFIN, ANSGR, ISYAT, ISGSY
Board Decision Date
04.04.2024
Demerger Model
Partial demerger through associate model
Currency Unit
TRY
Date Of Financial Statements Base To Demerger
31.12.2023
Paid-in Capital (TL)
25.000.000.000
Target Capital (TL)
25.000.000.000
Share Group Info
Paid-in Capital (TL)
Share Exchange Rate
Capital To Be Decreased Due To Demerger (TL)
Capital To Be Decreased Due To Demerger (%)
Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)
Rate Of Bonus Issue From Internal Resources Due to Demerger(%)
New Shares'' ISIN
Amount of Shares Issued Due To Demerger
A Grubu, ISATR, TRAISATR91N6
1.000
B Grubu, ISBTR, TRAISBTR91N4
29.000
C Grubu, ISCTR, TRAISCTR91N2
24.999.970.000
Capital Market Board Application Date Regarding Demerger
05.04.2024
Additional Explanations
Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 04.04.2024.

Within the context of the resolution made by Türkiye İş Bankası A.Ş. Board of Directors regarding "partial facilitated demerger through associate model" in order to manage mentioned subsidiaries and affiliate under a holding company which will be incorporated as a 100% subsidiary of our Bank, the applications have been made to the Banking Regulation and Supervision Agency as per related Banking regulations and Capital Markets Board as per related Capital Markets regulations.

This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.