The paid-in share capital of the Incorporation consists of 137.999.999.999 Group A shares and 1 Group C share, each with the nominal value of 1 Kurus.
Voting rights of our shareholders are as follows:
||Amount of Nominal Shares (TL)
|Amount of Shares
|Rate of Voting Right (%)
|Turkey Wealth Fund (Group A)
|The Republic of Turkey Ministry of Treasury and Finance Privatization Administration (Group C)
|Open for Public (Group A)
- Incorporation’s authorised capital ceiling is registered as 5 billion TL for 2020-2024 period.
- Privileges of Group C shares are stated in the Articles 7, 10 and 21 of the Articles of Association of the Incorporation.
- According to the Article 10 of the Articles of Association of the Incorporation; the shareholders holding the Group A shares open to public will have the right to nominate two of the 8 members granted to Group A shares. In order to be able nominate candidates for the Board of Directors by the shareholders holding Group A shares open for public, they are required to be represented at the rate of minimum 2 % of the total issued share capital of the Incorporation during the Shareholders Assembly in which the members of the Board of Directors will be elected. Calculation of the aforementioned rate of 2% will be based only on the Group A shares open for public.