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Bonus Shares Issue

10th Jun 2009 07:00

RNS Number : 6401T
Turkiye Is Bankasi
09 June 2009
 



09.06.2009 

Bonus Shares Issue

Shares issued to increase the TL 2,756,585,000 amount of paid in capital to TL 3,079,638,671 within Isbank's registered capital ceiling of TL 7,000,000,000, were registered by Capital Markets Board of Turkey with date and number 08.06.2009 40/414. TL 323,053,671 increase was covered by dividends pertaining to year 2008 earnings. However, the registration does not mean that our corporation or its shares are guaranteed by the Capital Markets Board or by the state.

Of the type C bonus shares representing the increased amount of TL 323,053,671, shareholders that own type A shares have the right to obtain 28.12635%, shareholders that own type B shares have the right to obtain 14.06318%, and shareholders that own type C shares have the right to obtain 11.71931% of their respective shares.

The issued shares will be eligible to receive dividends as of 2009 financial year, and dividends will be distributed to these shares from the 2009 net income, in case of profit generation.

Bonus share receivables related to the current dematerialized shares will be recorded to our shareholders' accounts by the Central Registry Agency starting from 11.06.2009. 

As per the temporary Article 6 of the Capital Markets Law, the Central Registry Agency will keep record of the economic and management rights of the shares that are not dematerialized. In the event of dematerialization, economic rights will be transferred to the account of the shareholder and management rights will be exercised by the shareholder. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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