Announcement regarding the Authorization of the Head Office
Announcement regarding the Authorization of the Head Office
In our Board of Director’s meeting dated July 3, 2014, in accordance with the authorization granted by Article 8 of our Bank’s Articles of Association, it is resolved that the Head Office be authorized to apply to Capital Markets Board of Turkey for the issuance of 3,000,000,000, “Garanti Bank Investment Firm Warrants” in the nominal value of 1 Kuruş for each and 30,000,000 Turkish Lira (thirtymillionTurkish Lira) in total, to determine terms and conditions of such issuance including but not limited to the applicable issue dates, warrant type, settlement type, underlying asset, issue price, exercise price, expiration date, conversion rate, to appoint Garanti Yatırım Menkul Kıymetler A.Ş. as market maker and accordingly to make and fulfill necessary applications and conduct any and all acts before Banking Regulation and Supervision Agency, Capital Markets Board, Borsa İstanbul A.Ş. and other relevant authorities.