Çelik Halat ve Tel Sanayii A.Ş. shares being subject to continuous auction with market making method
15.01.2016
Within the scope of the relevant regulations and resolutions of the Capital Markets Board and Borsa İstanbul A.Ş. (the "Stock Market"), our Company has authorized Turkish Yatırım A.Ş. as the market maker pursuant to the Market Maker’ Contracts (“Contracts”) signed in order to ensure that the shares of Çelik Halat ve Tel Sanayii A.Ş., our direct subsidiary which its shares are currently subject to “single price method” in the Stock Market, are subject to the “continuous auction with market making method”, and within the transaction limits stipulated with the abovementioned contracts. The transaction limits stipulated in the contracts are 25,000 shares and 25,000 Turkish Liras.
Accordingly, Turkish Yatırım A.Ş. will start operating as the “market maker” for the transactions of Çelik Halat ve Tel Sanayii A.Ş. as of January 18, 2016.
As of the abovementioned date, Çelik Halat ve Tel Sanayii A.Ş. shares shall be traded with the “continuous auction with market making method”. Within the scope of its “market making activities”, Turkish Yatırım A.Ş. will regularly disclose to the public the buying and selling transactions for the shares of Çelik Halat ve Tel Sanayii A.Ş. through the Public Disclosure Platform, in line with the relevant regulations.
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