AI assistant
SASA POLYESTER SANAYİ A.Ş. — Capital/Financing Update 2021
Apr 2, 2021
5949_rns_2021-04-02_8de505b8-53fb-4d86-8d15-d2fd5c8a4745.html
Capital/Financing Update
Open in viewerOpens in your device viewer
| Summary Info | Board Resolution Regarding Capital Increase by Bonus Issues Funded by Dividends |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Board Decision Date | 02.04.2021 |
| Authorized Capital (TL) | 3.000.000.000 |
| Paid-in Capital (TL) | 830.000.000 |
| Target Capital (TL) | 1.120.000.000 |
Bonus Issue
| Share Group Info | Paid-in Capital (TL) | Amount of Bonus Issue From Internal Resources (TL) | Rate of Bonus Issue From Internal Resources (%) | Amount of Bonus Issue From Dividend (TL) | Rate of Bonus Issue From Dividend (%) | Share Group Issued | New Shares'' ISIN | Nevi |
| SASA, TRASASAW91E4 | 830.000.000 | 290.000.000,000 | 34,93975 | SASA, TRASASAW91E4 | Registered |
| Paid-in Capital (TL) | Amount of Bonus Issue From Internal Resources (TL) | Rate of Bonus Issue From Internal Resources (%) | Amount of Bonus Issue From Dividend (TL) | Rate of Bonus Issue From Dividend (%) | |
| TOTAL | 830.000.000 | 290.000.000,000 | 34,93975 |
Other Aspects To Be Notified
| Number of Articles of Association Item To Be Amended | 8 |
Additional Explanations
It has been unanimously resolved to increase the issued capital of our company from TL 830.000.000 to TL 1.120.000.000 within the upper limit of authorised capital of TL 3.000.000.000, to fund all the increased amount of TL 290.000.000 from the dividends of the year 2020, to distribute the bonus shares to our shareholders on the ratio of 34,93975% (thirty-four point ninety-three thousand nine hundred seventy-five percent) per share owned by them, to take the necessary actions related with Merkezi Kayıt Kuruluşu A.Ş. (the Central Securities Depository of the Turkish capital markets) and to obtain necessary approvals from the Capital Markets Board of Turkey.
In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.