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Decision of unpaid capital increase from Kocaer Steel!

Kocaer Steel (KCAER), one of the leading companies of recent periods, has taken a new step and decided to increase its capital with unpaid.

Decision of unpaid capital increase from Kocaer Steel!

According to the company's statement to the Public Disclosure Platform (KAP) on April 25, 2024, the board of directors decided to increase the unpaid capital by 239.88776%.

In accordance with this decision, the issued capital of the company will be increased by TL 1,577,430,000 from TL 657,570,000 to TL 2,235,000,000, staying within the registered capital limit of TL 4,500,000,000.

Statement is as follows;

With the Board of Directors Decision of our Company dated 25.04.2024;

"To increase the unpaid capital of our Company by TL 1.577.430.000 from TL 657.570.000 to TL 2.235.000.000 by increasing it by TL 1.577.430.000 to remain within the registered capital ceiling of TL 4.500.000.000.000,

Increase in capital amounting to TL 1,577,430,000 to be funded from internal resources including equity inflation adjustment differences, emission premium, reserves and retained earnings,

The amount of TL 1,577,430,000 to be used in the capital increase will be distributed as bonus shares to the shareholders in proportion to their shares (239.8878%) on the date of the increase,

Within the scope of this decision, it is decided to make the necessary applications before the relevant authorities, especially the Capital Markets Board, Borsa Istanbul A.Ş., Central Registry Agency A.Ş.

Respectfully declared to the public."

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