SPK approved the capital increase of three companies.

Important Approvals from the Capital Markets Board

The Capital Markets Board (CMB) announced in its latest published weekly bulletin that it has approved the capital increase applications of a total of three companies. The relevant approvals cover bonus capital increases for two companies and reserved capital increase for one company.

Lider Tourism's Capital Increase

LDR Tourism (#LIDER) received approval from the CMB for a 660,000,000 TL bonus capital increase. As a result of this transaction, the company's existing capital will reach 825,000,000 TL. The entire amount to be used in the capital increase will be covered by the company's internal resources.

Fonet Information Technologies' Growth Plans

Another important approval was granted for Fonet Information Technologies (#FONET). The company will increase its existing capital from 144,000,000 TL to 936,000,000 TL through a bonus capital increase. A total of 792,000,000 TL of this high amount of capital increase will be provided from internal resources in the early stage.

Gimsan Gedik Yarn's Reserved Capital Increase

Gimsan Gedik Yarn (#GEDIZ) received conditional approval from the CMB regarding the reserved capital increase. The company's existing capital is 7,200,000 TL, and with the increase, this amount will be raised to 1,450,000,000 TL. During this process, the new share acquisition rights of other partners will be completely restricted, and it has been reported that shares will be sold exclusively to Mehmet Emin Süleymanoğlu.

Among the details of the approval process, it is noted that after the registration of the reserved capital increase, the shareholding ratio of Mehmet Emin Süleymanoğlu in the company will be 99.5%. Additionally, it has been stated that there is a commitment that the shares to be acquired within the scope of the project will not be sold for at least one year outside the stock exchange.