The procedures with regards to exercising the rights to purchase new shares (right of preference) in relation to increasing our company’s issued capital of 294,742,951 TRY to 600,000,000 TRY with an increase by 305,257,049 TRY were completed on 04.02.2020.
The due and payable receivables of the Company's controlling shareholders from the Company, which resulted from the funds injected in cash amounting to a total of TRY 72,800,886 in return for the shares representing the increased capital of TRY 305,257,049, have been offset against capital subscription. A total cash inflow of TRY 207,457,534.03 took place on January 21, 2020 and February 04, 2020, which were the deadlines for exercising the rights of preference. A total fund inflow of TRY 56,594,374.53 was achieved through the sale of the shares with a nominal value of TRY 24,998,629, which remained in the capital increase, at the Primary Market of Borsa İstanbul A.Ş. for two business days on February 06-07, 2020.
The total gross amount of funds gained through the capital increase is TRY 336,852,794.56.
