[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
10.02.2022
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Reference: VakıfBank Public Disclosure dated February 10th, 2022.
It was previously announced in the disclosure mentioned above that our Bank filed an application with the Capital Markets Board within the scope of its decision to make a capital increase by way of private placement under its authorized capital ceiling and to sell the shares arising from the capital increase to Turkey Wealth Fund.
The CMB announced in its Bulletin dated February 17th, 2022 and numbered 2022/08 that our application has been approved. Accordingly, the final share price will be determined in accordance with the Wholesale Transactions Procedure of Borsa Istanbul A.Ş. in no event to be lower than its nominal value, as stipulated by the CMB in its decision.
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.