Decision of the Board of Directors for the Issuance of Stocks

Decision of the Board of Directors for the Issuance of Stocks

When issuing Registered or Bearer stock, a board resolution is a required document. The establishment information published in the Turkish Trade Registry Gazette about the company that will issue the shares is at the top of these documents.

Within the decision of the board of directors;

Decision number:
Decision date:
Subject of Decision: ….. About Issuance of Stocks.
Meeting Attendees:
Decision:
information must be included. Its content is

The Board of Directors of our company convened today and took the following decisions. The capital of our company is xxxxx TL. and the nominal value of 1 share is xxxx TL. is

According to this;

Nama to company partners…. To print share certificates in the form of arrangement.
Stocks …… clippings and ……. printing pieces.
It was unanimously decided to distribute the shares to the partners in proportion to their shares.
The signature of the authorized person(s) of the company issuing the stock should also be included. If the share certificate is to be issued to the bearer, the parts written as registered in the decision of the board of directors above must be corrected in bearer writing.

CHAIRMAN OF THE BOARD OF DIRECTORS MEMBER OF THE BOARD

T.R. No:…………………. T.R. No:………………….

 

In addition, it is obligatory to publish the registration and announcement in the Turkish Trade and Registry Gazette of the decision of the board of directors to be taken for the issuance of bearer shares. If a registered share certificate is to be issued for a company, it is sufficient for the decision of the board of directors to be signed only by authorized persons. This decision does not need to be announced in the Turkish Trade Registry Gazette.

You can contact us for detailed information and consultancy about issuing registered or bearer stocks.

Updated : 12.01.2021