Flap Kongre Files Application for 326.66% Bonus Share Capital Increase

Flap Kongre Toplantı Hizmetleri Otomotiv ve Turizm A.Ş. (FLAP) announced on July 1 via the Public Disclosure Platform (KAP) that it has applied to the Capital Markets Board (SPK) for a bonus share capital increase. According to the statement, the bonus share capital increase ratio has been set at 326.66%, representing an increase of approximately 3.27 times the current paid-in capital. The company aims to strengthen its resources and expand its capital base without imposing any additional financial burden on its shareholders. Since a bonus share capital increase is carried out using the company's internal resources (such as profit reserves, share premiums, or revaluation surplus), no additional payment is required from shareholders. Such increases typically have the potential to enhance the company's market value and liquidity. If the SPK approves the application, Flap Kongre's paid-in capital will rise significantly from its current level. Investors are closely monitoring the progress of the process and the decision from the SPK. This is not investment advice.