Turkey: Listing Rules & Flotation

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Article
The Concept Of Shares In Actual Circulation And The Applicable Calculation Principles Have Been Re-Regulated By A Principle Decision Of The Capital Markets Board
The Capital Markets Board of Turkey has introduced a new framework for calculating shares in actual circulation for companies listed on Borsa İstanbul's Equity Market, fundamentally changing how free float ratios are determined. The updated regulations establish comprehensive exclusion criteria for certain shareholdings and introduce a novel approach that accounts for indirect shareholdings through hedge funds and other publicly traded entities. This regulatory shift requires monthly reporting obligati
Turkey Finance
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Nazali
Article
Payların İlk Halka Arzına İlişkin Başvuruların Sonuçlandırılmasında Öncelik Verilecek Kriterlere İlişkin Kurul İlke Kararı
Turkey's Capital Markets Board has introduced new priority criteria for initial public offering applications, allowing certain companies to bypass standard application queues. Companies meeting specific requirements related to regional presence, government ownership, or substantial market value can now request expedited processing of their IPO applications.
Turkey Finance
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Nazali
Article
Significant CMB Principle Decisions On Block Trades And IPOs
The Capital Markets Board of Türkiye has introduced significant regulatory changes affecting share transfers in listed companies and the prioritisation of initial public offering applications. New thresholds now govern block trades based on free float ratios, while certain strategic companies may receive expedited IPO review under specific criteria. These measures aim to enhance market transparency, protect investors, and facilitate large-scale international offerings.
Turkey Finance
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