Increase in share capital
In the Board of Directors Meeting held on February 2nd, 2000;
It was decided to increase paid in share capital by 109%, from TL 239,982,358,271,000 to TL 501,563,128,786,000. The increase in share capital will be provided from the following sources:
TL 59,029,094,183,946 from revaluation fund, TL 37,326,180,249,244 from the income generated through the sale of equity participation and real estates,
TL 11,636,786,788,370 from the Fund for Increase In Value,
TL 153,588,709,293,440 will be distributed as bonus shares from the net profit of 1999. It was also decided to propose at the Annual General Meeting:
The approval for the distribution of TL 153,588,709,293,440, determined as the portion to be distributed in the form of bonus shares from the profit generated according to unaudited financial results of year 1999 (The bonus share distribution will be 64% amounting to TL 640 for an ordinary share with a nominal value TL 1,000)
The determination of bonus shares distribution date as May 22nd , 2000.
In order to discuss and decide the issues raised above, Annual General Meeting, will be held at April 7th , 2000 on Friday on 16:00 at Yapi Kredi Plaza D Blok Head Office Conference Hall Levent - ISTANBUL
Yapı Kredi / 08 Feb 2000