Bulls Girişim Sells 1700000.00 BRMEN Shares for 13685000.00
The sale reduced Bulls Girişim’s stake in Birlik Mensucat to 8.82% and resulted in a reported loss of 2,719,998.22.
Key takeaways
- Bulls Girişim sold 1700000.00 BRMEN shares for 13,685,000.
- Its stake and voting rights in Birlik Mensucat are each 8.82% after the sale.
Bulls Girişim Sermayesi sold 1700000.00 shares in Birlik Mensucat for a total of 13,685,000, according to a KAP disclosure. The transaction took place on Oct. 12, 2026, through Borsa Istanbul’s equity market, at 8.05 per share.
The shares sold represented 1.90% of Birlik Mensucat’s capital. After the sale, Bulls Girişim’s stake and voting rights in the company each stood at 8.82%.
Bulls Girişim said its board approved the sale unanimously, with majority approval from independent board members. It said the purpose was to exit its venture capital investment, and reported a loss of 2,719,998.22 from the sale. The disposal converts part of its existing holding into cash for Bulls Girişim; it is not a payment to its shareholders.
This article was produced with the help of AI technology. Source: Yahoo Finance
