Announcement regarding the issuance of Intermediary Institution Warrants
Announcement regarding the issuance of Intermediary Institution Warrants
In our Board of Director’s meeting dated January 10, 2013, 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 5,000,000,000, “Garanti Bank Intermediary Institution Warrants” in the nominal value of 1 Kuruş for each and 50,000,000 Turkish Lira (fiftymillionTurkish 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, 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, İstanbul Stock Exchange and other relevant authorities.