Euro Trend Reports Share Price Crossed NAV Disclosure Threshold
The company said its Oct. 9 weighted average share price exceeded twice its per-share net asset value and reported no undisclosed special situation.
Key takeaways
- Per-share net asset value was 1.126581 lira on Oct. 9.
- The weighted average share price exceeded twice that amount.
- The company said it knew of no undisclosed special situation affecting unusual price or volume movements.
Euro Trend Yatırım Ortaklığı said its Oct. 9 weighted average share price on Borsa Istanbul exceeded twice its per-share net asset value. The company reported net asset value of 1.126581 lira per share that day.
The KAP filing says the threshold triggers disclosure of the company’s portfolio and total value table for Oct. 9. It is a transparency requirement, not an announcement of a cash payment to shareholders or new capital for the company.
The company said it had no undisclosed special situation that could explain unusual movements in its share price or trading volume.
This article was produced with the help of AI technology. Source: Yahoo Finance
