Mavi Giyim Sanayi ve Ticaret : 23 May 2023 Issued Capital Increase Registry
May 22, 2023
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Within the scope of the transactions regarding the increase of our company's issued capital from TRY 99,314,000 to TRY 198,628,00 by fully converting the amounts in the "Retained Earnings" account, amendment of the 6th article titled "Capital and Shares" of our Company's articles of association as in the annex, was registered before the Istanbul Trade Registry Office on 22.05.2022 and published in the Turkish Trade Registry Gazette dated 22.05.2023 and numbered 10835.
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.
Mavi Giyim Sanayi ve Ticaret AS published this content on 23 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 09:17:02 UTC.
Mavi Giyim Sanayi ve Ticaret AS is a Turkey-based company, which designs and manufactures apparel and accessories, under the Mavi brand, for both women and men. The Company offers pants, jackets, shirts, shorts, dresses, skirts, and joggers. The Company operates more than 390 mono-brand Mavi stores with particular presence in Turkey, the United States (following the acquisition of Mavi USA), Canada (following the acquisition of Mavi Canada), Europe (centered on Germany) and Russia, more than 5,000 global points of sale, as well as an online store. It has a retail base in Turkey with more than 200 mono-brand retail stores, more than 60 franchise-operated mono-brand retail stores and more than 400 multi-brand points of sale across the country. Its wholesale partners include Nordstrom, Bloomingdaleâs and Peek & Cloppenburg.