Borsa İstanbul’s Opening Bell Rang for Birikim Varlık

Borsa İstanbul’s Opening Bell Rang for Birikim Varlık

The Initial Public Offering of Birikim Varlık Yönetim A.Ş. has been completed. Company shares listed on Borsa İstanbul started trading on BIST MAIN with a base price of 14.20 TL, the ticker code “BRKVY” and the continuous trading method.

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Birikim Varlık Yönetimi at our Exchange.

Asset Management companies are important building blocks that support the continuity of the financial system. Thanks to this IPO, Birikim Varlık aims to increase the number of assets it manages with the strength of our investors, who have become new stakeholders of the company.

Distinguished guests,

Our expectation from our new investors who become the stakeholders of our companies through IPOs in our capital markets and all our investors who trade on Borsa İstanbul is to make their investment decisions based on the right information and the right source.

We expect our investors,

  • Not to trust social media,
  • Not to act based on fallacious news and rumours,
  • To acquire financial information, activities and explanations from the right sources,
  • To follow companies from the Public Disclosure Platform,
  • To scrutinize the research reports of the intermediary institutions they work with,
  • To take the advice of investment advisors of the intermediary institutions.

Distinguished guests,

With the high IPO demand, Birikim Varlık launched an outstanding IPO with a total IPO amount of 170 million TL and a sale to 538 thousand investors.  I would like to take this opportunity to congratulate everyone who contributed to this outstanding IPO. I would also like to extend my thanks to the company employees and the intermediary institution. I would like to welcome Birikim Varlık Yönetim to Borsa İstanbul family. I wish it to be auspicious for our capital markets.