The decision to increase the share capital to TL 6,100,000 has been approved at the General Assembly on 13 August 2018, the increase and change in the related article of Bylaw has been registered on 22 October 2018 and published in the Trade Registry Gazette numbered 9688 on 24 October 2018. Accounting of the capital increase has been recorded on 9 November 2018 following the permission of BRSA. Within this framework, the relevant article of the articles of association has been updated as follows:
Article 6 (previous version)
Capital
Article 6- The capital of the Bank is 5,600,000,000 Turkish Lira. All of the capital is owned by the Undersecretariat of the Treasury of the Republic of Turkey. The capital was divided into 5,600,000,000 registered nominative shares with a nominal value of 1 Turkish Lira each. The Bank’s former capital of 5,100,000,000 Turkish Lira was paid up. This time, the increased amount of 500,000,000 Turkish Lira was committed as cash and without collusion and was paid up before the registration date.
Article 6 (new version)
Capital
Article 6- The capital of the Bank is 6,100,000,000 Turkish Lira. All of the capital is owned by the Turkey Wealth Fund. The capital was divided into 6,100,000,000 registered nominative shares with a nominal value of 1 Turkish Lira each. The Bank’s former capital of 5,600,000,000 Turkish Lira was paid up. This time, the increased amount of 500,000,000 Turkish Lira was committed as cash and without collusion and was paid up before the registration date.