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Rights Issue (Allocated)
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Additional Explanations
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Reference: a) VakıfBank Public Disclosure Dated on February 10th, 2022
b) VakıfBank Public Disclosure Dated on February 25th, 2022
It was announced in our disclosure mentioned in a), that our Bank will increase its paid-in capital of TL 3,905,622,489.96 under its authorized capital ceiling in a nominal capital amount to be calculated based on the share sale price to be determined in accordance with the Wholesale Transactions Procedure of Borsa Istanbul A.S. where the sales proceeds shall amount to TL 13,400,000,000 and the capital increase will be conducted as a private placement in cash by restricting the preemptive rights of existing shareholders in full.
It was announced in our disclosure mentioned in b), an application has been filed with the Borsa Istanbul A.Ş. on February 25, 2022 through Vakıf Yatırım Menkul Değerler A.Ş. based on our bank's requests to calculate the base price and the +/-20% price range to be applied to the base price in accordance with Borsa Istanbul's Wholesale Transactions Procedure for the determination of the final sale price.
Accordingly, the sale price of one share with a nominal value of TL 1 to be issued within the scope of this capital increase has been set as 4,18 and the paid-in capital will increase from TL 3,905,622,489.96 to TL 7,111,364,116.75 following the consummation of the capital increase. In this regard, an application has been submitted to the Capital Markets Board for the approval of the issuance certificate.
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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