According to the CMB weekly bulletin, the Board approved Halkbank’s 4 billion 969 million 121 thousand lira and Vakıfbank’s 7 billion 111 million 364 thousand lira allocated capital increase.

Halkbank’s issued capital of 4 billion 969 million 121 thousand TL, within the registered capital ceiling of 10 billion TL, will be increased by completely restricting the rights of existing partners to purchase new shares, and all of the shares to be issued will be sold as allocated to the bank’s dominant partner, the Turkey Wealth Fund, without public offering. .

The selling price per share will be determined within the framework of Borsa İstanbul A.Ş.’s Procedure Regarding Wholesale Purchases and Sales Transactions, following the application to be made by the bank to the Stock Exchange. The nominal capital amount to be increased will be calculated according to the share sales price to be determined within the framework of the procedure, with the total sales price of the shares to be issued 30 billion TL.

Vakıfbank’s issued capital of 7 billion 111 million 364 thousand TL, within the registered capital ceiling of 10 billion TL, will be increased by completely restricting the rights of existing partners to buy new shares, and all of the shares to be issued will be allocated to the Turkish Wealth Fund, the majority shareholder of the bank, without being offered to the public. will be sold as

The selling price per share will be determined within the framework of Borsa İstanbul A.Ş.’s Procedure on Wholesale Purchases and Sales Transactions, following the application to be made by the bank to the Stock Exchange. The nominal capital amount to be increased will be calculated according to the share sales price to be determined within the framework of the procedure, with the total sales price of the shares to be issued 32 billion TL.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *