Oba Makarna Goes Public
Since 1966, Oba Makarna, one of the leading companies in its sector with its modern production facilities, technological infrastructure and the importance it attaches to R&D, and the pasta export champion in the last 10 years, will collect demand on February 22-23 with a fixed price of 39.24 TL per share.
Alpaslan Özgüçlü, CEO of Oba Makarna, said, “Our plans and projects are ready for after the public offering, which represents an important threshold in our long-established company history. We will increase our production capacity by expanding and diversifying our product line and strengthen our company capital in parallel with Oba Makarna's growth plans. We plan to use green energy more in line with our sustainability goals. As a publicly traded brand, we want to continue our growth journey with more corporate and strategic new steps.”
According to Turkish Exporters Assembly (TIM) data, Oba Makarna, Turkey's export champion in the pasta sector in the last 10 years and one of the largest industrial companies of our country announced by the Istanbul Chamber of Industry as of the end of 2022, will collect demand for its public offering on February 22-23. Under the leadership of Development and Investment Bank of Turkey, ÜNLÜ Menkul Değerler, Ziraat Yatırım and QNB Finansinvest, the sales price per share in the public offering, which will be realized through a consortium of 43 intermediary institutions in total, has been determined as 39.24 TL.
In the public offering of Oba Makarna, which exports to more than 100 countries in six continents, shares with a nominal value of 72 million 252 thousand 259 TL to be issued due to the increase of its issued capital from 407 million 169 thousand 500 TL to 479 million 421 thousand 759 TL will be issued to Alpinvest Yatırım Gıda Sanayi ve Ticaret A. Ş. and Turkey Pasta Holding Ltd. with a total nominal value of TL 24 million 84 thousand 86, a total of 96 million 336 thousand 345 shares will be offered for sale, and the size of the public offering is targeted at TL 3 billion 780 million 238 thousand 178. In the public offering, where equal distribution method will be applied to individual investors, the free float rate is expected to be 20.1 percent.
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