

Related Companies | [HALKB] | ||||||||
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oda_ExplanationTextBlock| | Türkiye Halk Bankası A.Ş. (Bank), whose shares are trading on Borsa İstanbul (Exchange), will increase its capital from TRY 7.184.778.041,96 to TRY 8.980.972.552,45 by issuing TRY 1.796.194.510,49 nominal amount of shares. The preemptive rights of the current shareholders will be restricted, sale will be held out of the Exchange via book-building by secondary public offering and Wholesale Transaction. Regarding to the secondary public offering the Exchange has adopted the following decisions: i) Upon the Bank's request, to temporarily suspend trading in HALKB shares (traded on the Equity Market) and futures and option contracts based on HALKB shares (traded on the Derivatives Market) on the date to be notified by the Bank prior to the Capital Markets Board's (CMB) approval of the public offering prospectus; ii) In the event that the expiration dates of futures and option contracts coincide with the temporary suspension period, open positions in the expiring contracts will be subject to physical delivery in accordance with the terms of the contracts; iii) Following the notification to the Exchange that the settlement of the transaction has been completed after the conclusion of the public offering and the Wholesale Transaction to be completed on our Exchange trading in HALKB shares will be resumed; iv) On the day that the trading in HALKB shares will resume, trading in futures and option contracts will also resume and Good-Till-Date and Good-Till-Cancel Orders will be cancelled by the Exchange before the resuming of trading; v) The shares will not be excluded from the BIST Stock Indices during that non-trading period. As the prospectus regarding the secondary public offering of the Bank's shares is currently under review by the CMB, the date on which trading in HALKB shares and futures and option contracts based on HALKB shares will be suspended has not yet been determined. | ||||||||