SASA Polyester to raise 7.185 billion TL via private placement to Erdemoğlu Holding

SASA Polyester Sanayi A.Ş. has announced a decision to conduct a private placement capital increase, aiming to generate 7.185 billion TL in sales proceeds. The company's board of directors confirmed the decision on August 17, 2026, and will apply to the Capital Markets Board (SPK) for approval.

Under this plan, all new shares will be sold exclusively to the company's majority shareholder, Erdemoğlu Holding A.Ş., rather than being offered to the public. To facilitate this, the preemptive rights of existing shareholders will be entirely restricted. The new shares will be registered, non-privileged, and tradable on Borsa Istanbul, with a nominal value of 0.01 TL each.

The exact nominal amount of the capital increase has not yet been finalized, as it will be calculated based on the share sale price determined through Borsa Istanbul’s Wholesale Trading Procedures. SASA’s current issued capital stands at approximately 52.5 billion TL, with a registered capital ceiling of 60 billion TL.