Pusula Holding Boosts Liquidity and Risk Management with Up to TRY 10 Billion Katılımevim Share Purchase

Pusula Finans Holding Inc. is reshaping its capital structure by committing to a TRY 10 billion share purchase in Katılımevim Tasarruf Finansman Inc.

Strategic Simplification and Liquidity Drive

The holding accelerated its "simplification and balancing" program last month, aiming to raise liquidity reserves and tighten its risk profile. Chairman Serdar Turhan emphasized that the priority is a leaner, more balanced structure with strong liquidity rather than sheer size.

Terms and Timeline of the Katılımevim Share Acquisition

Following the Board resolution dated August 30, 2026, additional purchases of Katılımevim Tasarruf Finansman Inc. (KTLEV) shares will be executed without exceeding TRY 10 billion. Transactions will be carried out on the Borsa Istanbul Share Market under prevailing market conditions and disclosed in line with SPK transparency rules.

■Maximum amount: TRY 10 billion

■Purchase window: Post‑August 30 2026

■Market venue: Borsa Istanbul Share Market

■Transparency: Public disclosure per SPK regulations

Market and Regulatory Landscape

Pusula Holding welcomes the latest Capital Markets Board (SPK) regulations targeting investment funds, viewing them as a step toward enhanced market liquidity and investor confidence. While the reforms are expected to have a limited direct impact on the current structure, they reinforce the holding’s risk‑mitigation framework.

Potential Impact and Risk Assessment

The move reduces Pusula Holding’s exposure while reaffirming its commitment to invest in companies with solid balance sheets and sustainable growth prospects. Katılımevim’s robust financial standing and long‑term value creation potential should elevate the holding’s portfolio quality and provide a liquidity cushion.

Expert Analysis (Ufuk Tepe): This transaction is more than a capital infusion; it signals a proactive risk‑management stance. Enhancing Katılımevim’s liquidity and profitability aligns with Pusula’s long‑term value‑creation thesis and could temper share‑price volatility on the BIST. However, approaching the TRY 10 billion ceiling may pressure market liquidity, so close monitoring of trade volumes and price dynamics will be essential.