BIST Increasing KLGYO.E 3.21 19.78 % HURGZ.E 1.06 19.10 % KLNMA.E 44.34 14.99 % PKENT.E 128.5 14.94 % TIRE.E 2.09 14.21 % Decreasing METRO.E 1.85 -19.91 % PRZMA.E 3.49 -11.20 % EUYO.E 1.13 -8.13 % GOZDE.E 3.93 -4.84 % ETILR.E 2.84 -4.70 % VIOP Most Change O_USDTRYKE1119C6150 % 400,00 O_HALKBE1119P5.60 % -100,00 O_HALKBE1119P5.60 % -100,00 O_HALKBE1119P5.60 % -100,00 O_HALKBE1119P5.60 % -100,00 Highest Open Position F_USDTRY1219 658.552 F_XAUTRYM1219 431.375 F_XU0301219 386.541 F_DOHOL1119 171.911 F_USDTRY1119 167.171

COSTS


Intermediation Fee

According to type of given service and size of public offering, companies pay brokerage commission to an intermediary institution. Commission can be negotiated between the company and the intermediary firm.

CMB Registration Fee

Companies deposit 0.02 per cent over the issuance value of the shares, not to be lower than nominal value to the CMB account prior to approval of prospectus by CMB. However, for initial listings CMB registration fee is applied as 0.01 per cent of the difference between nominal value and the share price. Again during initial offering, 0.01 per cent fee is calculated over the nominal value of unsold shares of company.

Borsa İstanbul Fee

Application for ECM is TRY 2,500. Application fee is refunded through set-off from the first annual listing fee. If the application fee is more than first annual listing fee, residual amount will not be refunded. For companies whose registered offices are located abroad, application fee is charged at 50% discount. Listing Fee Tariffs can be obtained from the link.

Central Registry Agency (MKK) Fee

Membership entrance fees, issuance, safekeeping, issuer services, corporate actions services, cash payment services fees and upper/lower limits are applied at a 1/10 rate for companies whose shares are traded on ECM. Fee Tariffs can be obtained from the link.

Independent Audit Fee

Companies pay certain fees negotiable between the contracted audit firm for independent audit reports required by listing regulations.

Market Advisor Fee

In addition to intermediary fee, companies may also pay a fee to the contracted market advisor, which is set between parties.

Legal Counsel Fee

Companies also pay a fee to their selected legal counsels for the documents that is required to be prepared about the legal status of the company for ECM application.

Other Expected Fees

Companies may also incur expenses of possible PR, marketing excluding listing fees above.