Chat with Filing

Ask questions about this document

Please log in or register to use the chat feature. Please register first.

RNS - Approval of the Capital Markets Board of Türkiye for the Issuance of Lease Certificate

Company: BRİSA BRİDGESTONE SABANCI LASTİK SANAYİ VE TİCARET A.Ş. Date: 2025-06-10 Language: English Register to download

Loading document preview...

Document Preview Not Available

The file type (.html) cannot be displayed directly here.

Open Original File

Error loading document preview. Please try the 'Open Original File' link.

You're One Click Away From The Full Filing

Instantly access this document—and 2.8M more—for free. Select your preferred method:

Continue with Google Continue with Microsoft Continue with Facebook Continue with Amazon

|     |     |
| --- | --- |
| Summary Info | Approval of the Capital Markets Board of Türkiye for the Issuance of Lease Certificate |
| Update Notification Flag | Yes |
| Correction Notification Flag | No  |
| Postponed Notification Flag | No  |
| Related Companies | KATVK |

|     |     |
| --- | --- |
| Authorized Member Decision Date | 13.03.2025 |
| Issue Limit | 5.000.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Lease Certificates |
| Sale Type | Private Placement-Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 28.03.2025 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 30.05.2025 |
| Expiry Date of Issue Limit | 30.05.2026 |
| Fund User | Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş |

Additional Explanations

According to the resolution of our Company's Board of Directors dated March 13, 2025 and numbered 2025/12; as per the Communiqué on Lease Certificates (III-61.1) (the " Communiqué") published by the Capital Markets Board (the "CMB") in the Official Gazette dated 07.06.2013 and numbered 28670 it has been resolved that, our Company (Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş) shall be involved in the capacity of a fund user and/or an originator in the issuance of lease certificates domestically in TRY, where Katılım Varlık Kiralama A.Ş. (Katılım VKŞ) will take place as the issuer, to be sold in tenors with limitation to the issuance ceiling of TRY 5,000,000,000 (FiveBillionTurkish Liras) (this amount included) by means of sales without public offering through private placement and/or sales to qualified investors at various maturities and under various terms and conditions in the type of management agreement-based lease certificates provided for in the Communiqué within the framework of articles 4 and 6 of the Communiqué, necessary agreements regarding the issuance shall be signed, services shall be received from Vakıf Katılım Bankası A.Ş. as the financial consultant and authorised investment company in the contemplated issuance of lease certificates, necessary applications shall be filed to the Capital Markets Board and other relevant bodies, and all kinds of acts and actions that are directly and/or indirectly related to the issuance of lease certificates shall be performed, all kinds of amendments shall be made, and any two of our Company's first group of authorised signatories shall be jointly authorised in this respect. Within this context, our application to the Capital Markets Board of Türkiye, which was made on March 28, 2025, was approved at the Board's meeting dated May 30, 2025 and numbered 33/1000. (In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)

Unlock Europe's Largest Financial Database—Free

Get instant access to over 2.8M filings from 8,970 companies across 44 markets. No cost. No hassle. Just results.