Borsa İstanbul’s Opening Bell Rang for Barem Ambalaj

Borsa İstanbul’s Opening Bell Rang for Barem Ambalaj
8/10/2022

The Initial Public Offering of Barem Ambalaj San. ve Tic. A.Ş. has been completed. Shares offered to the public will be listed on BIST STARS with a base price of 36 TL, the ticker code “BARMA” 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 Barem Ambalaj at our Exchange.

Based on years of service and broad experience, Barem Ambalaj has resolved to continue its business life, as a company listed on Borsa İstanbul. I would like to take this opportunity to congratulate the esteemed managers of the company.

Thanks to its production facilities that it has expanded over the years, Barem Ambalaj provides employment and added value in 3 regions. It continues its growth process in order to realize this production in an integrated structure. In this process of growth, planning to establish a paper production facility and starting to use solar energy are significant steps on this path.

Barem Ambalaj is among the top 1000 largest industrial enterprises in Türkiye. As Borsa İstanbul, it is of great importance for our industrial enterprises to finance their growth from IPOs. Our efforts to bring our industrialists to Borsa İstanbul and our meetings with industrialists continue.

Listed on BIST Stars, Barem Ambalaj will be included in Borsa İstanbul indices such as BIST Stars, BIST Industrials and BIST Participation.

Barem Ambalaj launched an outstanding IPO with an IPO amount of 378 million TL and a sale to 277 thousand investors. On this occasion, I would like to extend my thanks to everyone who contributed to this successful IPO process, all company employees and the intermediary institution. I wish it to be auspicious for our capital markets.”