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Ata Turizm IPO: How Many Shares Per Applicant?

by Michael Brown - Business Editor
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ATA TURIZM ISLETMECILIK ALLOCATES 280 MILLION LOTS IN INITIAL PUBLIC OFFERING

Ata Turizm İşletmecilik has completed the allocation of 280 million lots as part of its initial public offering (IPO), though the precise number of lots received per investor remains to be determined. The tourism, hotel, and mining company is poised to initiate trading on Borsa Istanbul.

Based on the number of participants, potential lot allocations are estimated as follows:

– 150,000 participants ~ 747 Lots (8,366 TL).
– 250,000 participants ~ 448 Lots (5,017 TL).
– 350,000 participants ~ 320 Lots (3,584 TL).
– 500,000 participants ~ 224 Lots (2,508 TL).
– 700,000 participants ~ 160 Lots (1,792 TL).
– 1.1 million participants ~ 102 Lots (1,142 TL).
– 1.6 million participants ~ 70 Lots (784 TL).
– 2.2 million participants ~ 60 Lots (672 TL).

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