Aksigorta Partnership Structure
Registered Capital
Aksigorta A.Ş. changed to the registered (authorized) capital system pursuant to the provisions of Turkey’s Capital Market Law (Statute 2499) as of 9 March 1995 and holds license number 301 from the Capital Markets Board. The Company’s authorized capital ceiling is TL 500 million, and its paid-in capital is TL 306 million.
Capital Structure
No material changes have taken place in the capital structure of Aksigorta A.Ş., as shown in the table below. Both of the Company’s major shareholders purchased the same volume of Aksigorta shares traded on the Borsa Istanbul; as a result, their stake in the Company increased from 33.11% to 36% in 2012. There are no privileged shares holding special rights.
Management Methodology
Sabancı Holding and Ageas Insurance International N.V. retain control of the Company management on an equal basis.
Shareholders that Control more than a 10% Stake in the Company’s Issued Capital
The names and shareholding interests of shareholders who hold more than a 10% stake in the Company’s issued capital are shown in the following chart:
| 2019 | 2020 | |||
| Pay Sahipleri | Share (%) | Amount (TL) | Share (%) | Amount (TL) |
| H.Ö. Sabancı Holding | 36 | 110,160,000 | 36 | 110,160,000 |
| Ageas Insurance International N.V. | 36 | 110,160,000 | 36 | 110,160,000 |
| Free Float | 28 | 85,680,000 | 28 | 85,680,000 |
| Total | 100 | 306,000,000 | 100 | 306,000,000 |