SPK Approved Public Offering: Opportunities from Pasifik Holding and Vakıf Faktoring

Important IPO Approval from the Capital Markets Board

The Capital Markets Board (CMB) announced in its latest weekly bulletin that it has approved the public offering applications of Pasifik Holding and Vakıf Faktoring. This development has created great excitement among investors, and the details of both companies' public offerings have begun to be closely examined.

Pasifik Holding IPO

Pasifik Holding will offer a total of 2,000,000,000 TL nominal valued shares to the public. Shares submitted by current shareholders including Fatih Erdoğan (666,666,668 TL), Abdulkerim Fırat (666,666,666 TL), and Mehmet Erdoğan (666,666,666 TL) will be included in the public offering. With this transaction, it is aimed to increase Pasifik Holding's current capital of 18 billion TL by 2 billion TL to reach 20 billion TL.

Shares with a nominal value of 1 TL will be offered to investors at a fixed price of 1.50 TL. There are no plans for additional share sales, making this public offering a significant opportunity for investors while also being important in terms of investment strategies.

Vakıf Faktoring IPO

Another approved public offering will be carried out by Vakıf Faktoring. Nominal valued shares belonging to the company's shareholders, including Türkiye Vakıflar Bankası at 107,834,821 TL, Vakıfbank Personnel Special Social Security Services Foundation at 21,629,465 TL, Vakıf Financial Leasing at 32,254,464 TL, and Vakıf Marketing Industry and Trade at 13,281,250 TL will be available to investors in the public offering. The sale of 1 TL nominal valued shares will be executed at a fixed price of 14.20 TL.

In case of high demand from investors, there will be no additional share sales. Vakıf Faktoring aims to carry out a capital increase of 50 million TL within this public offering. As a result of this process, it is forecasted that the company's total capital can increase from 850 million TL to 900 million TL.