Copyright © 2025 KAP
Central Securities Depository & Trade Repository of Türkiye
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Additional Explanations | ||||||||||
Dear Stakeholders, At our Company's Board of Directors meeting held on September 18, 2026; In order to stabilize the market activity regarding the shares of Gedik Yatırım Menkul Değerler A.Ş. (GEDIK), prevent price fluctuations, contribute to the formation of genuine, healthy, and stable prices on the Stock Exchange, and protect the interests of our shareholders; 1-Pursuant to Article 1 of the Capital Markets Board's Principle Decision dated 19.03.2025 and numbered i-SPK.22.9 (16/531 s.k.)—which regulates that companies with shares traded on the stock exchange may initiate a share buyback program via a Board of Directors resolution (without requiring a General Assembly resolution) for subsequent presentation to shareholders at the first General Assembly meeting—it has been decided that our Company shall initiate a Share Buyback Program without requiring an authorization decision from the General Assembly regarding said program, 2-To present the "Share Buyback Program"—prepared by our Board of Directors in accordance with the aforementioned Principle Decision and attached hereto—to the shareholders at the first General Assembly meeting, 3-The objective of the buyback program is; ...to mitigate potential price fluctuations in GEDIK shares resulting from market conditions, to contribute to genuine, sound, and stable price formation on the Stock Exchange, and to protect the interests of our shareholders; 4-To set the maximum duration of the buyback program at 3 years from the date of the public disclosure of this Board of Directors resolution; 5-To set the maximum number of shares subject to buyback at 100,000,000 shares, with a total nominal value of TL 100,000,000 and a nominal value of TL 1 per share; 6-To set the maximum amount of funds to be utilized for buyback transactions at TL 700,000,000;to publicly disclose this Board of Directors resolution within the framework of the Capital Markets Board's regulations regarding material event disclosures, in accordance with the Principle Decision dated 19.03.2025 and numbered i-SPK.22.9 (Resolution No. 16/531); 7-To authorize the General Directorate to execute the transactions under the Share Buyback Program, to carry out the necessary procedures and actions with Borsa İstanbul A.Ş. and the Central Securities Depository (MKK), to make material event disclosures, and to perform other necessary actions in accordance with relevant legislation. Developments and transactions within the scope of the program will be shared with the public in accordance with the provisions of the legislation. Respectfully announced to the public. In case of a discrepancy between the Turkish and the English versions of this disclosure, 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.
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