Şekerbank to increase capital by 1 billion TRY through rights issue

Şekerbank T.A.Ş. is initiating a 40 percent rights issue to increase its issued capital from 2.5 billion TRY to 3.5 billion TRY. The capital increase, totaling 1 billion TRY in nominal value, will be funded entirely in cash.

According to disclosures to the Public Disclosure Platform (KAP), existing shareholders can exercise their new share purchase rights at a price of 1.00 TRY per share. The rights usage period is scheduled from October 22, 2026, to November 5, 2026. The record date for determining rights holders is October 23, 2026, with the payment date set for October 26, 2026.

Following the rights issue, any remaining shares will be offered for sale on the Borsa Istanbul Primary Market for two business days at a price not less than their nominal value. After this period, unsold shares will be canceled within six business days. Based on the previous closing price of 4.48 TRY, the theoretical adjusted price after the capital increase is calculated at 3.4857 TRY.