Participation in Capital Increase of our Subsidiary – Çelik Halat

02.12.2020

During our Board Meeting dated 01.12.2020 (today);

 

It has been resolved;

 

- to fully exercise our right of acquiring new shares, and to set our participation amount in the capital increase through rights issues regarding the BoD Resolution dated 01/12/2020 numbered 2020/22 of Çelik Halat ve Tel Sanayii A.Ş., our direct subsidiary, whereby our company has 70.41% shares in the issued capital of 16,500,000 Turkish Lira to 41,500,000 Turkish Liras.

 

- to commit for the right of acquiring new shares not exercised during the capital increase by Our Company, within the scope of “Purchase Undertaking”

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