Borsa İstanbul’s Opening Bell Rang for LDR Turizm A.Ş.

Borsa İstanbul’s Opening Bell Rang for LDR Turizm A.Ş.
4/4/2022

The Initial Public Offering of LDR Turizm A.Ş.has been completed. Shares offered to the public will be listed in the BIST STARS with the ticker code “LIDER”.

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 Lider Filo at our Exchange.

Operating in the car rental sector, Lider Filo aims to grow by expanding its vehicle fleet with the IPO revenue. Thanks to this IPO, the company will further strengthen its capital structure and advance its steps in the institutionalization process with the support of capital markets.

Lider Filo launched an outstanding IPO with a total IPO amount of 390 million TL and a sale to 294 thousand investors.

Along with the high number of investors participating in this IPO of Lider Filo, there has been a significant increase in the number of investors thanks to IPOs and growing interest in the capital markets over the past two years.

On this occasion, I would like the underline the importance of increasing financial literacy for our newly arrived investors, taking the advice of investment advisors of the intermediary institutions they work with, and keep abreast of the company news announced by them on the public disclosure platform, not on social media.

Along with new IPOs, new investors and our new financial products, we will take concrete steps to boost the growth of capital markets. I would like to express my gratitude towards all our stakeholders who have contributed to this growth.

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. I would like to welcome Lider Filo to Borsa İstanbul family.