Pursuant to our notifications to BIST on 22nd April 2021 and 3rd August 2021, we had announced that the Board of Directors of Global Investment Holdings ("GIH" or the "Company") had resolved to issue 324,111,590.07 new ordinary shares and hence increase the issued share capital of the Company from TL325,888,409.93 to TL650,000,000 to be paid in cash.

In this context;
• 99.6% of the offer was exercised by the existing shareholders as pre-emptive rights
• The remaining 1,268,029.303 shares have been sold at Borsa İstanbul

Accordingly, the capital increase process has been completed with a total cash injection of TL 487,180,209.05 to GIH.

Following the completion of the rights issue, Global Investment Holdings' Chairman & CEO Mehmet Kutman stated the following: "I am proud to announce that the GIH rights issue has been successfully completed. Going forward, we will focus on group-level deleveraging, positive free cash flow generation and operational profitability at subsidiaries level, resulting in dividend distribution to the parent. We would like to extend our genuine gratitude to our shareholders for their trust, support and faith during this process."

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Global Yatirim Holding AS published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 11:01:03 UTC.