REG - Turkiye Garanti Bank - Board Of Directors Decision About Warrant

Turkiye Garanti Bankasi ASAnnouncement

06/03/2018 15:15

RNS Number : 8790G
Turkiye Garanti Bankasi
06 March 2018
TO: Investment Community
FROM : Garanti Bank / Investor Relations
SUBJECT: Board Of Directors Decision About Garanti Bank Intermediary Institution Warrant and Authorization of Head Office for Necessary Operations
DATE: March 6, 2018
The Head Office to apply to Capital Markets Board of Turkey for the issuance of 5,000,000,000, "Garanti Bank Intermediary Institution Warrants" in the nominal value of 1 Kuru for each and 50,000,000 Turkish Lira (fifty million Turkish Lira) in total, to determine terms and conditions of such issuance including but not limited to the applicable issue dates, warrant type, settlement type, underlying asset, issue price, exercise price, expiration date, conversion rate; to appoint Garanti Yatrm Menkul Kymetler A.. as market maker and accordingly to make and fulfill necessary applications and conduct any and all acts before Banking Regulation and Supervision Agency, Capital Markets Board, Borsa stanbul A.. and other relevant authorities, and any two among Board Member-CEO Ali Fuat Erbil, Executive Vice Presidents Betl Ebru Edin, Aydn Dren and Senior Vice Presidents alar Kl and Bar Karaayvaz to sign and execute jointly for and on behalf of the Bank, the prospectus, circular, agreements, letters, demands, reports and any other relevant documents.
Authorized Member Decision Date
01.03.2018
Issue Limit
50.000.000
Currency Unit
TRY
Issue Size
5.000.000.000
Issue Limit Security Type
Garanti Bank Intermediary Institution Warrants
Sale Type
Public Offering- Sale To Qualified Investor
Domestic / Oversea
Domestic
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
We declare that our above statements are in conformity with the principles included in the Board's Communiqu, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
Yours sincerely,
Garanti Bank
Contact Garanti Bank Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garanti.com.tr
www.garantiinvestorrelations.com

This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUNAVRWAAORAR