Vestel Elektronik Sanayi ve Ticaret AŞ sold 5,000,000 Vestel Beyaz Eşya Sanayi ve Ticaret AŞ shares within a price range of TL 10.57 – TL 10.70 per share on Borsa Istanbul via block sale to institutional investors on June 23, 2023. Following the transaction, the Company's share in Vestel Beyaz Eşya Sanayi ve Ticaret AŞ declined to 79.33%.
Vestel Elektronik Sanayi ve Ticaret AŞ sold 8,500,000 Vestel Beyaz Eşya Sanayi ve Ticaret AŞ shares within a price range of TL 10.30 – TL 10.49 per share on Borsa Istanbul via block sale to institutional investors on June 22, 2023. Following the transaction, the Company's share in Vestel Beyaz Eşya Sanayi ve Ticaret AŞ declined to 79.64%.
The resolutions of Vestel Beyaz Eşya's Annual General Meeting for the year 2022, which was held on May 31, 2023, have been registered by the Istanbul Trade Registry Office on June 12, 2023 and published on Türkiye Trade Registry Gazette dated June 13, 2023 and numbered 10851.
Vestel Elektronik Sanayi ve Ticaret AŞ sold 7,750,000 Vestel Beyaz Eşya Sanayi ve Ticaret AŞ shares within a price range of TL 11 – TL 11.2 per share on Borsa Istanbul via block sale to institutional investors on June 13, 2023. Following the transaction, the Company's share in Vestel Beyaz Eşya Sanayi ve Ticaret AŞ declined to 80.18%.
The interest rate for the eighth coupon payment of TL 265,000,000 nominally valued Corporate Bond, which was sold to qualified investors on June 9, 2021 with a maturity of 728 days and with the ISIN Code of TRSVEST62314, has been set as 2.9824%(simple annual interest 11.9624%).
TL 265,000,000 nominally valued corporate bond, which was sold to qualified investors on June 9, 2021 with a maturity of 728 days and with the ISIN Code of TRSVEST62314, was redeemed as of today (June 7, 2023) with completion of the eighth coupon payment amounting to TL 7.903.360 and the principal payment of TL 265,000,000.
Within the framework of the decision taken at the Annual General Meeting held on 31.05.2023; the Company's Board of Directors resolved to elect Mr. Ahmet Nazif Zorlu as the Chairperson of the Board of Directors and Mr. Elmas Melih Araz as the Vice Chairperson at its meeting on 31 May 2023.
At its meeting on 31 May 2023, the Company's Board of Directors unanimously resolved
1.To elect Ms. Ayşegül İldeniz, Independent Board Member, as the Chairperson and Mr. Elmas Melih Araz, Independent Board Member, and Ms. Serap Mutlu, Investor Relations Director, as the Committee members to carry out the activities of the Corporate Governance Committee,
2.To elect Mr. Elmas Melih Araz, Independent Board Member, as the Chairperson and Mr. Bekir Ağırdır, Independent Board Member, as the Committee member to carry out the activities of the Audit Committee,
3.To elect Mr. Bekir Ağırdır, Independent Board Member, as the Chairperson and Ms. Ayşegül İldeniz, Independent Board Member and Mr. Elmas Melih Araz, Independent Board Member, as the Committee members to carry out the activities of the Early Detection of Risk Committee.
Pursuant to the material event disclosure dated 3 May 2023, the Board of Directors' proposal regarding the selection of PwC Bağımsız Denetim ve SMMM AŞ as the independent audit firm for auditing the Company's accounts and transactions for the fiscal year 2023 has been accepted at the Company's Annual General Meeting.
Pursuant to the material event disclosure dated 3 May 2023, the Board of Directors' proposal for dividend distribution for the year 2022 and the date of dividend payment has been accepted at the Company's Annual General Meeting.