TÜRKIYE HALK BANKASI OLD | NEW |
TÜRKİYE HALK BANKASI ANONİM | TÜRKİYE HALK BANKASI ANONİM |
ŞİRKETİ ARTICLES OF ASSOCIATION | ŞİRKETİ ARTICLES OF ASSOCIATION |
Capital: | Capital: |
Article 6) (1) The Bank has adopted the registered | Article 6) (1) The Bank has adopted the registered |
share capital system in accordance with the | share capital system in accordance with the |
provisions of the Capital Markets Law, and started | provisions of the Capital Markets Law, and started to |
to apply the registered share capital system | apply the registered share capital system pursuant to |
pursuant to authorization No. 8/346 dated | authorization No. 8/346 dated 19.03.2015 of the |
19.03.2015 of the Capital Markets Board. | Capital Markets Board. |
- The Bank's registered share capital ceiling is (2) The Bank's registered share capital ceiling is
10,000,000,000 (tenbillion) Turkish Lira 30,000,000,000 (thirtybillion) Turkish Lira represented by 1,000,000,000,000 (onetrillion) represented by 3,000,000,000,000 (threetrillion) shares, each with a 1 (one) Turkish Kuruş (Kr) shares, each with a 1 (one) Turkish Kuruş (Kr) (0.01
(0.01 Turkish Lira) nominal value. | Turkish Lira) nominal value. |
- The authorization granted by the Capital (3) The authorization granted by the Capital Markets Markets Board of Turkey for the registered share Board of Turkey for the registered share capital capital ceiling is valid for 5 years, from 2020 to ceiling is valid for 5 years, from 2023 to 2027. Even 2024. Even if at the end of 2024 the registered if at the end of 2027 the registered share capital share capital ceiling is not reached, in order for the ceiling is not reached, in order for the Board of Board of Directors to approve a capital increase Directors to approve a capital increase after 2027, after 2024, the General Assembly would be the General Assembly would be required to give required to give authorization for a new period (not authorization for a new period (not exceeding 5 exceeding 5 years) by obtaining an permission years) by obtaining an permission from the Capital from the Capital Markets Board of Turkey for the Markets Board of Turkey for the previously previously authorized ceiling, or a new ceiling authorized ceiling, or a new ceiling amount. If the amount. If the said authorization is not obtained, said authorization is not obtained, then the capital then the capital increase can not be made with the increase can not be made with the Board of
Board of Directors' decision. | Directors' decision. |
- The Bank's issued capital is 4,969,120,730.29 (4) The Bank's issued capital is 4,969,120,730.29
(fourbillionninehundredsixtyninemilliononehundre (fourbillionninehundredsixtyninemilliononehundredt
dtwetythousandsevenhundredthirty Turkish Lira wetythousandsevenhundredthirty Turkish Lira twentynine Kuruş) Turkish Lira, is free of twentynine Kuruş) Turkish Lira, is free of collusion collusion and has been fully paid-up. This share and has been fully paid-up. This share capital is capital is represented by 496,912,073,029 represented by 496,912,073,029 (fourhundredninety (fourhundredninetysixbillionninehundredtwelvemil sixbillionninehundredtwelvemillionseventythreethou lionseventythreethousandtwentynine) shares, each sandtwentynine) shares, each with a 1 (One) Turkish with a 1 (One) Turkish Kuruş (0.01 Turkish Lira) Kuruş (0.01 Turkish Lira) nominal value.
nominal value. - The Board of Directors is authorized to pass (5) The Board of Directors is authorized to pass resolutions regarding share issues at a premium resolutions regarding share issues at a premium over
over the par value, and to restrict preemptive rights | the par value, and to restrict preemptive rights of |
of shareholders avoiding unequal treatment. | shareholders avoiding unequal treatment. |
- The shares representing the Bank's share capital are traced through book-entry registration pursuant to applicaciples of dematerialization.
- The shares representing the Bank's share capital are traced through book-entry registration pursuant to applicable principles of dematerialization.
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Türkiye Halk Bankasi AS published this content on 07 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2023 15:42:11 UTC.
