Copyright © 2025 KAP
Central Securities Depository & Trade Repository of Türkiye
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Details of Buy-Back | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Explanations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pursuant to the resolution of the Company's Board of Directors dated 12 June 2026 and numbered 2026/11, it was resolved that the maximum number of shares subject to the share buyback be determined as 25,000,000 shares (TRY 25,000,000.00 nominal value), and that the fund to be allocated for the share buyback be determined as TRY 1,000,000,000.00. In order to protect our shareholders, ensure that our share price is consistently formed in line with its fair value, and maintain our investors' confidence in our Company, due to the fact that the price of our Company's shares traded on Borsa İstanbul does not reflect the actual performance of our Company's operations, it has been resolved, within the framework of the Communiqué on Repurchased Shares (II-22.1) of the Capital Markets Board of Türkiye and the announcements made pursuant to the CMB's principle decision dated 19.03.2025 and numbered 16/531, that additional share buybacks may be carried out in addition to the existing program. It has been resolved to revise the maximum number of shares that may be subject to the share buyback to a total of 50,000,000 shares (TRY 50,000,000.00 nominal value) by adding an additional 25,000,000 shares (TRY 25,000,000.00 nominal value) to the 25,000,000 shares (TRY 25,000,000.00 nominal value) determined under the existing program. It has been resolved to increase the fund allocated for the share buyback from TRY 1,000,000,000.00 to TRY 2,500,000,000.00 by creating an additional fund of TRY 1,500,000,000.00 to be financed from the Company's own equity. Pursuant to this Board of Directors' resolution, it has been resolved to make the necessary material disclosures on the Public Disclosure Platform (KAP) regarding the share buyback transactions to be carried out on Borsa İstanbul's Yıldız Market, where the Company's shares are traded, and to include this matter on the agenda of the Company's first General Assembly meeting to be held and present it to the shareholders for their information at the General Assembly. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.
PDF
WORD
EXCEl