Vakıf Menkul shares exceed twice their net asset value
The company says its October 12 weighted-average share price crossed a regulatory threshold, triggering daily portfolio and net-asset disclosures.
Key takeaways
- Per-share net asset value was TL 1.454169 on October 12.
- The weighted-average share price exceeded twice that value, the company said.
- The company said it knew of no undisclosed special situation affecting unusual price or volume movements.
Vakıf Menkul Kıymet Yatırım Ortaklığı said its October 12 weighted-average share price on BİAŞ exceeded twice its per-share net asset value, which was TL 1.454169.
The company said it knew of no undisclosed special situation that could affect unusual price or volume movements in its shares. It submitted its portfolio and total value table for October 12 to KAP.
Under the rule cited in the filing, the company must publish portfolio and net asset value tables each business day from the next business day until the share-price condition no longer applies. These updates give shareholders regular information about the portfolio and its value; they do not represent a dividend or a new cash payment to shareholders.
This article was produced with the help of AI technology. Source: Yahoo Finance
