The Capital Markets Board announced in its press release on its official website that it will reduce the fees it collects within the scope of Strengthening Financial Stability.
According to the press release, within the scope of the steps included in the press release published from the official account of the CMB, Ministry of Treasury and Finance, in order to encourage companies to obtain funds abroad through the issuance of capital market instruments, in the public offerings held in the country, in order to encourage fund raising. He stated that the fees collected by the CMB will be reduced.
Last Minute: Statement from the Ministry of Treasury and Finance: Revenue-Indexed Bills (GES)
Related article: Last Minute: Statement from the Ministry of Treasury and Finance: Revenue-Indexed Bills (GES)
In this context:
In the first public offering of the shares of non-public companies only through capital increase, the fees of the Board;
- At least the nominal value of the shares subject to capital increase of the amount allocated and sold to foreign investors 20%if it corresponds to 50% to be reduced by the rate of
- At least the nominal value of the shares subject to capital increase of the amount allocated and sold to foreign investors 40%if it corresponds to 90% discount,
- Such applications should be considered as priority transactions and concluded promptly,
Board fees for issuance of capital market instruments other than shares to be issued abroad 50% discount,
In transactions of issuing shares of non-public companies abroad It was decided not to charge the Board fee.
Update: In a second announcement from the CMB:
“As part of the steps included in the press release published today (09.06.202) from the official account of the Ministry of Treasury and Finance; A “Commodity Market” was established at Borsa Istanbul, and work on the issuance of gold certificates has begun.” statements were included.