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ISTANBUL - Turkiye Garanti Bankasi (IS:GARAN) A.S. (TGBD), commonly known as Garanti Bank, has applied to the Capital Markets Board to issue investment institution warrants with a total nominal value of 15 billion Turkish Lira, at a nominal value of TRY 0.1 each. This move, decided upon on February 27, 2025, could result in an issuance of up to 150 million Turkish Lira within a one-year period.
The bank has prepared a draft summary for the warrants’ issuance, which has been submitted for approval to the regulatory body. The details of this draft summary are enclosed with the bank’s announcement to the investment community.
Garanti Bank has assured that its statements are consistent with the principles of the Board’s Communiqué, Serial II Nr.15.1, and reflect information that is accurate and compliant with their records, books, and documents. The bank also takes full responsibility for the declarations made in this context.
Investors should note that in the event of any discrepancies between the Turkish and English versions of this public disclosure, the Turkish version will take precedence.
This announcement is based on a press release statement from Garanti Bank and does not include any additional analysis or commentary. The content of the announcement is the sole responsibility of the issuer.
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