REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Board Of Directors Decision About Garanti Bank Intermediary Institution Warrant and Authorization of Head Office for Necessary Operations

Turkiye Garanti Bankasi ASAnnouncement

05/05/2023 15:00

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Board Of Directors Decision About Garanti
   Bank Intermediary Institution Warrant and Authorization of Head Office for
   Necessary Operations

   05-May-2023 / 14:56 GMT/BST

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Board Of Directors Decision About Garanti Bank Intermediary
   Institution Warrant and Authorization of Head Office for Necessary
   Operations

    

    

    

   DATE: May 4, 2023

    

    

   The Board  of Directors  of the  Bank has  adopted a  resolution to  issue
   “Garanti Bank Investment Institution Warrants” and in accordance with  the
   authorization granted by Article 8 of the Bank’s Articles of  Association,
   I hereby submit for your approval to issue  15,000,000,000, “Garanti  Bank
   Investment Institution Warrants”  in the  nominal value of   TRY 0,1   for
   each and 150,000,000 Turkish Lira  (One hundred and fifty million  Turkish
   Lira) in total and authorized  the Head Office to apply to Capital Markets
   Board of Turkey for the issuance of such Warrants, 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
   Yatırım Menkul Kıymetler A.Ş. 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  İstanbul
   A.Ş., Merkezi Kayıt Istanbul  and  other relevant authorities, to  publish
   and register the publication of the approved and updated prospectus  texts
   on the  website (www.kap.gov.tr)  of Public  Disclosure Platform  and  the
   website (www.garantibbva.com.tr) of T. Garanti Bankası A.Ş.

    

   In contradiction between the Turkish  and English versions of this  public
   disclosure, the Turkish version shall prevail.

    

   Authorized Member Decision Date 04.05.2023
   Issue Limit                     150.000.000
   Currency Unit                   TRY
   Issue Size                      15.000.000.000
   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 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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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  241860
   EQS News ID:   1626099


    
   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=1626099&site_id=reuters8&application_name=news


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