What does Agrotech (AGROT) do? Who owns it? Did it decide on a bonus share issue?

Agrotech Yüksek Teknoloji ve Yatırım A.Ş. (AGROT) announced in a statement to the Public Disclosure Platform (KAP) that it has decided on a 100% bonus share issue. It was stated that the company will apply to the Capital Markets Board (SPK).

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What does Agrotech (AGROT) do? Who owns it? Did it decide on a bonus share issue?

DETAILS OF THE BONUS SHARE ISSUE

In line with the decision taken by the Agrotech Board of Directors, the bonus share issue will be carried out at a rate of 100%. While SPK approval is awaited for this transaction, the capital increase is aimed at strengthening the company's existing capital structure.

What does Agrotech (AGROT) do? Who owns it? Did it decide on a bonus share issue?

WHEN IS THE BONUS SHARE DATE?

Since SPK approval is required for the bonus share issue to be implemented, and there is no definitive time constraint regarding the SPK's approval process for Agrotech, the date on which the transaction will be completed is not yet clear.

What does Agrotech (AGROT) do? Who owns it? Did it decide on a bonus share issue?

WHO OWNS AGROTECH?

The company was registered in 2022 as 'Agrotech Yüksek Teknoloji ve Yatırım Anonim Şirketi'. Agrotech Yüksek Teknoloji ve Yatırım A.Ş. has 1 partner. Hümeyra Keskin owns 100% of the shares.

What does Agrotech (AGROT) do? Who owns it? Did it decide on a bonus share issue?

WHAT DOES AGROTECH DO?

The company's field of activity is the sale and marketing of agricultural products produced by its subsidiary, Tartech. While Agrotech primarily carries out its agricultural activities within the structure of Tartech Teknoloji, agricultural product trading is also conducted within Agrotech. In agricultural product trading, the company can supply products produced in Tartech gardens and greenhouses, as well as procure them through other suppliers it deems appropriate in line with the needs of its customers.