Press Release

Vişne Madencilik Successfully Completes Its Initial Public Offering Vişne Madencilik, a subsidiary of Öztüre Holding with 72 years of experience in the mining sector, has announced the results of its public offering. Expressing pride and happiness in completing the IPO successfully, Vişne Madencilik Chairman of the Board Cem Öztüre said, “We would like to thank all our investors, especially the over 228 thousand individual investors, who believed in the future of Vişne Madencilik and became shareholders.” “With this new chapter, as our family grows with our investors, we are also aware that our responsibilities are increasing. As we have done until now, we will continue to work with all our strength to create more added value for our country and our investors in the upcoming period,” he said. The book-building process for the IPO of Vişne Madencilik, a subsidiary of Öztüre Holding with 72 years of experience in the mining sector, has been successfully completed. Led by Tera Yatırım, the IPO was carried out through a consortium of 41 brokerage firms on February 3, 4, and 5, 2025, at a fixed price of 37.44 TL per share. The total size of the offering reached 898 million 560 thousand TL, with a public float rate of 20.51%. The IPO of Vişne Madencilik received demand approximately 1.23 times the offering size for the 24 million TL nominal value shares put up for sale. A total of 228,459 investors were allocated shares, including 228,291 domestic individual investors, 10 high-volume applicants, 140 group employees, 17 domestic institutional investors, and 1 foreign institutional investor. The final allocation ratios were 59.47% for domestic individual investors, 23.31% for the high-volume group, 0.32% for group employees, 12.27% for domestic institutional investors, and 4.63% for foreign institutional investors. “We aim to increase our profitability with the strength we gain from our investors” Stating that they are proud and happy to have completed the IPO successfully, Vişne Madencilik Chairman of the Board Cem Öztüre said: “We would like to thank all our investors, especially the over 228 thousand individual investors, who believed in the future of Vişne Madencilik and became shareholders. Receiving such strong interest from individual investors has been a source of motivation for our future goals. With this new period, our family grows with our investors, and we are fully aware of our increasing responsibilities. As in the past, we will continue to work with full dedication to create more value for our country and our investors. With the strength we draw from our new shareholders, we will take firmer steps toward our future goals.”