ISTANBUL - Türkiye Garanti Bankası A.Ş. has released the redemption prices for brokerage houses warrants that reached maturity on November 29, 2024. The warrants, linked to various foreign exchange rates including USD/TRY, EUR/USD, and GBP/USD, have been settled with the maturity prices detailed in the bank's statement.
The redemption process for these financial instruments will be conducted by Merkezi Kayıt Kuruluşu A.Ş. (MKK), with payments to be made on December 4, 2024. The bank provided a detailed table listing the short and long codes of the warrants, the underlying asset types, warrant types, multipliers, underlying benchmark maturity settlement values, and the respective maturity prices.
According to the bank's statement, the redemption prices for USD/TRY call warrants and GBP/USD call warrants have been set at 0.00, indicating no value at maturity. On the other hand, USD/TRY put warrants have maturity prices ranging from 0.39 to 2.39, while EUR/USD put warrants' maturity prices vary from 0.45 to 1.84. GBP/USD put warrants have maturity prices between 0.00 and 1.02.
The bank has emphasized that in case of any discrepancy between the Turkish and English versions of the public disclosure, the Turkish version shall prevail. Garanti BBVA (BME:BBVA) has affirmed that the information provided is in accordance with the principles of the Board’s Communiqué, Serial II Nr.15.1, and accurately reflects the records and documents available to them.
Investors and stakeholders have been directed to contact Garanti BBVA Investor Relations for further information. This announcement is based on a press release statement from the bank and is intended to inform the investment community of the redemption details for these specific financial instruments.
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