REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Garanti BBVA report on the voluntary tender offer process

Turkiye Garanti Bankasi ASAnnouncement

31/03/2022 21:15

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Garanti BBVA report on the voluntary tender
   offer process

   31-March-2022 / 21:05 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: Garanti BBVA report on the voluntary tender offer process

    

    

   DATE: March 31, 2022

    

   Re: Public disclosures dated 15.11.2021, 18.11.2021 and 31.03.2022

    

   As per as  per Article 21  of the  Communiqué on Takeover  Bids (Pay  Alım
   Teklifi Tebliği)  no. II-26.1,  the  board of  directors of  our  company,
   Türkiye Garanti Bankası  Anonim Şirketi ("Garanti  BBVA" or "Company")  is
   required to  publish  a  board  report  to  represent  its  views  on  the
   voluntary tender offer ("Voluntary Tender  Offer") to be conducted by  our
   principal shareholder, Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA")  one
   business day prior to the start of  the offer period, which will be  April
   4, 2022 as disclosed on March 31, 2022.

    

   The report of our Company's board of directors reflecting its opinions  on
   the takeover bid, and the  justifications of its opinions, also  including
   its opinions on strategic plans of BBVA, which is the legal entity  making
   the voluntary takeover  bid, with  regard to the  our Company,  and as  to
   probable impacts and  effects of these  plans on the  areas and places  of
   activity of the target corporation and on the employment level in  Garanti
   BBVA is attached.

    

    

   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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   Attachment

   File:  3 Garanti BBVA report on the voluntary tender offer process

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  152908
   EQS News ID:   1317447


    
   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=1317447&site_id=refinitiv&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=00a52eabfa2f8d5a3564b02e17bbdb72&application_id=1317447&site_id=refinitiv&application_name=news


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