SPK approves initial public offerings for 2 companies: Access blocked to 25 websites

The Capital Markets Board (SPK) has approved the initial public offerings (IPOs) of Gülermak Ağır Sanayi İnşaat ve Taahhüt AŞ and Egeyapı Avrupa Gayrimenkul Yatırım Ortaklığı AŞ.

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According to the SPK bulletin, the Board has approved the applications for bonus share capital increases of 210 million lira for HUB Girişim Sermayesi Yatırım Ortaklığı AŞ and 900 million lira for Kızılbük Gayrimenkul Yatırım Ortaklığı AŞ, as well as the application for a paid capital increase of 4 billion 320 million lira for Galatasaray Sportif Sınai ve Ticari Yatırımlar AŞ.

The SPK, which accepted the debt instrument issuance applications of 10 billion lira for Qua Granite Hayal Yapı ve Ürünleri Sanayi Ticaret AŞ, 1 billion lira for Alnus Yatırım Menkul Değerler AŞ, 8 billion lira for Selçuk Ecza Deposu Ticaret ve Sanayi AŞ, 2 billion lira for Borlease Otomotiv AŞ, 2.5 billion lira for Şekerbank TAŞ, 1 billion lira for Emir Varlık Yönetim AŞ, 200 million dollars for Erciyas Çelik Boru Sanayi AŞ, 5 billion dollars for Türkiye İş Bankası AŞ, 5 billion dollars for Türkiye İhracat Kredi Bankası AŞ, 2 billion dollars for Garanti BBVA, and 13 billion dollars for TC Ziraat Bankası AŞ, authorized the initial public offerings of Gülermak Ağır Sanayi İnşaat ve Taahhüt AŞ at 125 lira per share and Egeyapı Avrupa Gayrimenkul Yatırım Ortaklığı AŞ at 15 lira per share.

ADMINISTRATIVE FINES

The Board decided to impose administrative fines of 155 thousand 567 lira on İnfo Yatırım Menkul Değerler AŞ, 3 million 81 thousand 378.30 lira on BCC Yatırım ve Danışmanlık AŞ, 316 thousand 964 lira on İstanbul Portföy Yönetimi AŞ, 986 thousand 45.88 lira on Casa Emtia Petrol Kimyevi ve Türevleri Sanayi Ticaret AŞ, and 493 thousand 22.94 lira on Diriliş Tekstil Sanayi ve Ticaret AŞ.

On the other hand, as a result of the investigation conducted regarding transactions in the Çan2 Termik AŞ share market, it was ruled that a total of 8 million 708 thousand 122.42 lira in administrative fines be imposed on 10 individuals.

As a result of the investigation conducted regarding transactions in the Turkcell İletişim Hizmetleri AŞ share market, the SPK decided to impose an administrative fine of 1 million 175 thousand 29 lira on UBS AG London Branch, and imposed administrative fines of 1 million 814 thousand 347 lira on Ahlatcı Yatırım Menkul Değerler AŞ, 139 thousand 566 lira on Phillipcapital Menkul Değerler AŞ, 942 thousand 65 lira on Alnus Yatırım Menkul Değerler AŞ, 69 thousand 783 lira on Şeker Yatırım Menkul Değerler AŞ, and 7 million 778 thousand 312 lira on Gedik Yatırım Menkul Değerler AŞ.

The SPK also decided to impose an administrative fine of 246 thousand 511.47 lira on 1 individual as a result of the investigation conducted regarding the period in which the application for the sale of Geosis Powertrain Motor ve Kontrol Teknolojileri AŞ (Geosis) shares on Borsa İstanbul AŞ's Venture Capital Market without a public offering was made.

CRIMINAL COMPLAINTS

It was decided to file criminal complaints with the Chief Public Prosecutor's Office against 18 individuals responsible for transactions in the Başkent Doğalgaz Dağıtım Gayrimenkul Yatırım Ortaklığı AŞ share market and posts made on social media, and to impose a 2-year trading ban on these individuals in the Stock Exchange and other organized markets. In accordance with Article 6/3 of the Communiqué on Measures, it was decided that for individuals who were previously subject to a 6-month trading ban by the Board's decision dated November 8, 2021, and whose trading ban was extended by 6 months by the Board's decision dated April 18, 2022, the duration of their previous trading bans shall be deducted from the 2-year period.

The SPK ruled that criminal complaints be filed against 2 individuals regarding transactions in the Borsa İstanbul AŞ share markets, that a 2-year trading ban be imposed on these individuals in the Stock Exchange and other organized markets, and that all licenses held by one of these 2 individuals be revoked for the duration of the trading ban.

The Board, which decided to initiate the necessary legal proceedings to block access to 25 websites determined to be facilitating leveraged trading from abroad, also revoked the permission for order transmission via mobile applications and e-mails granted during the COVID-19 pandemic process.