Share Information

COMPANY INFORMATION
Türkiye Vakıflar Bankası T.A.O
ISE Trading Symbol VAKBN
Date of Establishment 13.04.1954
Paid-in Capital (TRY) 3,905,622,490

PUBLIC OFFERING

The public offering was realized through the sales in and out of the country of the new shares issued upon increase of capital rather than the sales of the existing shares of the shareholders; and thus, new resources exceeding USD12 Billion were provided both for our Bank, and for the Turkish economy.

As the companies with a public offering ratio over 25% are included within various indexes in foreign countries, the public offering model was created taking into account that the public offering of the Bank would exceed the rate of 25%; thus contributed to the brand recognition of the Bank in the international markets.

After public offering, the share of the General Directorate of Foundations in the Bank decreased to 58.45% and the share of the VakıfBank Pension Fund decreased to 16.10% and the publicly traded shares constituted 25.18% of the Bank’s capital.

CAPITAL STRUCTURE BEFORE AND AFTER PUBLIC OFFERING
Shareholders Pre IPO (%) Post IPO (%)
General Directorate of Foundations 74.76 58.45
Vakıfbank Pension Fund 24.89 16.10
Others 0.35 0.27
Free Float - 25.18

SHARE TRANSFER

As of December 11, 2019, 43.00% shares and 15.51% shares of General Directorate of Foundations representing Group (A) and Group (B), respectively (58.51% in total, 0.06% of which was other registered foundations) have been transferred to the Ministry of Treasury and Finance as per the Presidential Decree dated December 3, 2019.

OWNERSHIP STRUCTURE BEFORE AND AFTER THE SHARE TRANSFER

Before Share Transfer (%) After Share Transfer (%)
A The General Directorate of Foundations 43.00 A Republic of Turkey Ministry of Treasury and Finance 43.00
B The General Directorate of Foundations 15.45 B Republic of Turkey Ministry of Treasury and Finance 15.51
B Other Appendant Foundations 0.11 B Other Appendant Foundations 0.11
B Other Registered Foundations* 0.06 C VakıfBank Pension Fund 16.10
C VakıfBank Pension Fund 16.10 C Individuals and Legal Entities 0.06
C Individuals and Legal Entities 0.06 D Free Float 25.22
D Free Float 25.22
Total 100.00 Total 100.00
*Other registered foundations are managed by The General Directorate of Foundations.