Hepsiburada's Board of Directors approved the cash settlement of certain previously granted share-based payment awards on July 4, 2025. These awards became due and payable under the completed First, Second, and Third periods of the company's existing Incentive Plan.
The resolution specifies that these rewards will be settled by way of cash payments, instead of equity instruments, to entitled persons. The cash settlement pertains to awards equivalent to 5,805,452 American Depositary Shares (ADSs).
This decision impacts the company's compensation structure and cash flow, as it opts for cash payments over issuing new equity. The move ensures that the company fulfills its obligations under the incentive plan while managing its equity dilution.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.