REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: End of voluntary tender

Turkiye Garanti Bankasi ASAnnouncement

18/05/2022 17:30

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: End of voluntary tender

   18-May-2022 / 17:22 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: End of voluntary tender

    

    

   DATE: May 18, 2022

    

   Re: Public disclosures dated November 15, 2021, November 18, 2021, March
   31, 2022, April 1, 2022, April 25, 2022, April 28, 2022, April 29, 2022.

    

   Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”), has informed Türkiye
   Garanti Bankası A.Ş. (“Garanti BBVA”) of the following:

   The voluntary tender offer process launched by BBVA for the entire share
   capital of Garanti BBVA (“VTO”) and approved by the Capital Markets Board
   of Turkey in accordance with the Communiqué on Takeover Bids (Pay Alım
   Teklifi Tebliği) no. II-26.1 on March 31, 2022, in their letter numbered
   E-29833736-110.05.05-19391 and dated March 31, 2022 ended as of today, May
   18, 2022, in accordance with our disclosures mentioned above.

    

   During the VTO process, BBVA acquired shares of Garanti BBVA with a total
   nominal value of TRY 1,517,195,890.189, which corresponds to 36.12% of
   Garanti BBVA’s total share capital. The total consideration paid by BBVA
   for such shares is TRY 22,757,938,352.85.

    

   As a result of the VTO, as of the date of this disclosure, the total share
   capital of Garanti BBVA owned by BBVA reached 85.97%. For further
   information regarding Garanti BBVA’s shareholding structure, please refer
   to the disclosure published by Garanti Yatırım Menkul Kıymetler A.Ş. on
   the Public Disclosure Platform.

    

   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 Communiqué,  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 BBVA

   Contact Garanti BBVA Investor Relations:

   Tel: +90 212 318 2352

         Fax: +90 212 216 5902

         E-mail:  1 investorrelations@garantibbva.com.tr

          2 www.garantibbvainvestorrelations.com

    

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   ISIN:          US9001487019
   Category Code: TEN
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  162652
   EQS News ID:   1356081


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1356081&site_id=refinitiv2&application_name=news


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