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Izocam leaves Borsa Istanbul – Sondakika Business News



Izocam Ticaret, which manufactures insulation materials, will not be sold at Borsa Istanbul. The disclosure of the company in Borsa İstanbul using the IZOCM code was made on a public disclosure platform.

İzocam Holding, which collected publicly held İzocam Ticaret shares, asked the company to exit the stock exchange.

According to the statement submitted to KAP, it was announced that after the offer to purchase shares submitted on September 17, 2019 expired, İzocam Ticaret shares would be removed from Borsa İstanbul.

Shareholders who do not respond to the offer to purchase shares will be able to submit an application to İzocam Holding for 3 years and obtain the remaining shares. For the remaining shares of Izocam Holding A.Ş. Borsa İstanbul announced that the amount corresponding to the remaining shares after the offer to buy shares was blocked in Takasbank.

Therefore, İzocam Ticaret shares will not be traded on Borsa Istanbul from October 1, 2019.

FROM BORSA İSTANBUL TO KAP:

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Shares İzocam Ticaret ve Sanayi A.Ş. are traded on the main market. (Business),

– In accordance with the announcement of the Capital Markets Council (II) No. II-23.1 "Announcement on important principles and the right to separation" (announcement), the sale of shares was completed on 17/09/2019,

– The results of the transaction of the share purchase offer have been published on the public disclosure platform (KAP) from 17/09/2019,

– Shareholders who do not respond to the offer to buy shares will receive İzocam Holding A.Ş. Considering that the amount corresponding to other share prices after blocking the offer to purchase shares for Istanbul Takasbank (Takasbank) in order to enable its acquisition by the Company, the Company's shares falling within the scope of art. 8 clause 3 communication and art. 27 Directive on listing / 10/2019 after the session.

Shareholders who do not respond to the offer to purchase shares have the right to apply for the sale of their shares to the controlling shareholder for a period of 3 years from the decision of our Stock Exchange of 24/09/2019 regarding the exclusion of the company's shares from the offer of our Stock Exchange. TEB Yatırım Menkul Değerler A.Ş. you can find them.

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