Conversion Applications Announced for AKSA and EREGL Shares to Become Exchange-Traded
Central Registry Agency Inc. (Merkezi Kayıt Kuruluşu A.Ş.) announced applications to convert AKSA and EREGL shares into the exchange-traded type, based on the Capital Markets Board's Share Communiqué. The list shows E group shares of AKSA with a nominal amount of 250.000,000 TL in the name of ŞELALE BOYNER, and E group shares of EREGL with a nominal amount of 22,895 TL in the name of MEVLÜT MUTLU. Conversion to the exchange-traded type means that shares not traded on the exchange are made tradable on the exchange.
What does it mean?
These shares have been applied to change from not being traded on the exchange to being traded on the exchange. However, the document does not confirm a sale date; the conversion depends on the exchange's TAS announcement or the period set by regulations.
Who is affected?
Investors holding AKSA and EREGL shares and people waiting to buy and sell these shares on the exchange
What changes?
Previously, these shares were not traded on the exchange. Under the application, they were registered to be converted into the exchange-traded type.