The size of the public offering in Birikim Varlık is 170.4 million TL

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The size of the public offering in Birikim Varlık is 170.4 million TL

The total size of the Birikim Varlık public offering, for which demand was collected on December 8-9, was recorded as TL 170.4 million. Birikim Varlık was the latest in the recent IPO series on Borsa Istanbul. The demand collection transactions for the public offering of Birikim Varlık Yönetim A.Ş. (“Birikim VYŞ”) shares were carried out with the “Fixed Price Demand Collection” method on December 8-9, 2022. According to the statement made by Halk Yatırım to the Public Disclosure Platform (KAP), the unit price in the public offering was TL 14.20, while shares with a nominal value of TL 12 million were sold. The size of the public offering was TL 170.4 million. According to the statement, in the public offering; approximately 17.34 times the final allocation amount was demanded for domestic individual investors, approximately 33.59 times for domestic institutional investors, and approximately 2.43 times for foreign institutional investors. According to a separate statement, those who bought more than 5 percent shares in the public offering; Adstation Reklam with 9.33 percent, Focus Management with 8.67 percent and AC7-A1 Portfolio First Stock Hedge Fund with 5.33 percent.