CMB Market Disruption Actions Regulations



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The CMB has decided that stock purchases to be made on the stock market of Istanbul until August 31 should not be considered as falling under the third article of Article 4 Communiqué on Market Disruption Stocks.

The Capital Markets Board (SPK)

According to a statement by the CMB, shareholders of the Istanbul Stock Exchange have decided not to participate in stock purchases on the stock market of any kind. Istanbul in the context of the third article of Article 4 of the Communiqué on market disruptive actions.

The following statements were made in explanation:

"At the meeting of the Council of the Council of 13 July 2018, it was decided that the provisions of Directive No. 4 of Communiqué Article 3 and the Communiqué regarding the application of the decision of the Board Decision No. 16/514 of May 28, 2014, the stock purchases to be made on the Istanbul Stock Exchange since the July 13, 2018, the date of our decision to establish, until August 31, 2018,

In the fourth article of the Communiqué on Market Disruption Stocks, the third paragraph concerned issuers in the market for shares and transactions of close relatives of the financial markets

Accordingly, the financial statements and reports issued by the issuers and the within the period following the end of the accounting period for which the audit reports were established up & The publication of such tables and reports to the public, persons who have internal knowledge or continuous information,

With the current decision of the CMB, it would not be considered under this article that persons subject persons make purchases on the stock market.

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