Vişne Madencilik IPO was successfully completed

Cem Öztüre, Chairman of the Board of Directors of Vişne Madencilik, who made us proud and happy by successfully completing their public offering, said, "We would like to thank all our investors, especially our more than 228 thousand individual investors, who believe in the future of Vişne Madencilik and are middle-class investors.With this new phase, as our family and investors expand, we are also aware that our obligations rise. We will continue to work tirelessly to create more additional value for our country and investors in the coming years, as we have in the past," he stated.

Vişne Madencilik, an Öztüre Holding affiliate with 72 years of mining experience, successfully concluded its public offering. Tera Yatırım led a consortium of 41 brokerage firms to conduct an 898 million 560 thousand TL public offering on February 3-4 and 5, 2025, with a fixed price of 37.44 TL per share. The company's free float rate was 20.51 percent.

Investors paid approximately 1.23 times the nominal value of Vişne Madencilik's shares, which had a nominal value of 24 million TL. The IPO attracted a total of 228,459 investors, comprising 228,291 domestic individual investors, 10 high-applicant investors, 140 group employees, 17 domestic institutional investors, and 1 overseas institutional investor. Distribution-based allocation rates were 59.47% for domestic individual investors, 23.31% for high-application investor groups, 0.32% for group employees, 12.27% for domestic institutional investors, and 4.63% for international institutional investors.

"We aim to increase our profitability with the strength we receive from our investors"

Vişne Madencilik Chairman of the Board Cem Öztüre expressed gratitude to all investors, particularly the over 228 thousand individual investors who believe in the company's future and have become partners. Receiving such interest from private investors has inspired us to achieve our future ambitions. While our family expands even more with our investors in this new era, we are aware that our obligations have also grown. As we have done thus far, we will continue to strive with all of our might to create additional added value for our country and investors in the coming months. With the support of our new partners, we will take bigger steps toward our future ambitions."