Alarko : Notification Regarding Capital Increase Transactions - 05.09.2018
September 05, 2018 at 09:27 am EDT
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Notification Regarding Capital Increase Transactions
Date: 05.09.2018
Summary: Capital Market Board Approval regarding Capital Increase by Bonus Issue
It had previously been announced to the public that we had applied to Capital Market Board on the date 12.07.2018, regarding the paid in capital of our company, with 500.000.000,- TL registered capital and 223.467.000,- TL paid in capital; to be increased by 211.533.000,- TL amount corresponding to 21.153.300.000 number of bearer shares with 1 Kr nominal value each, to be raised to 435.000.000,- TL and the related article 8. of the articles of association to be amended.
In the bulletin of Capital Market Board dated 04.09.2018, no. 2018/38, it has been stated that our application has been approved.
It is announced to the public.
We state that our above disclosure is; in accordance with the principles in Capital Market Board's disclosures communiqué in effect, fully reflects our information in the related subject(s), the information is in accordance with our records and documents, we demonstrate all necessary efforts to obtain all information regarding the subject fully and accurately, and that we are responsible of this disclosure.
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Alarko Holding AS published this content on 05 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 September 2018 13:26:03 UTC
Alarko Holding AS is a Turkey-based holding company, which is active in the energy, construction, manufacturing, tourism, real estate, agriculture, and financial sectors. The Company's main activities are divided into three groups; construction, energy, and manufacturing. In the construction group, it is involved in various kinds of construction projects, such as airports, highways, subways, light rail systems, energy facilities, pipelines, treatment plants, business centers, residential buildings, hotels, and hospitals. In the energy group, Alarko Holding is active in all steps, including electric power generation, power plant management, electricity distribution, and wholesale and retail sale of electricity. In the manufacturing group, it designs, manufactures, and wholesales heating, ventilating, and air conditioning machinery and equipment. Besides these three main groups, it operates hotels, involves venture capital investments, and produces agricultural chemicals.