Barem Ambalaj to Go Public

Barem Ambalaj, with nearly 30 years of experience and production facilities in İzmir, Gaziantep and Karaman, is going public. Barem Ambalaj, which ranked as Turkey's 146th largest industrial establishment in the 2021 ISO second 500 company rankings, will conduct its public offering on the stock exchange on 3-4 August through Info Investment using the Fixed Price Public Offering method on Borsa. The company's shares will be issued at TRY 36.00.

Demand Collection at TRY 36.00 Per Share Under Code BARMA.HE

All investors wishing to participate in Barem Ambalaj's public offering can submit orders through brokerage firms and banks authorized to trade on Borsa İstanbul (BİST). The public offering will be conducted through the Fixed Price Public Offering method on Borsa, with demand collection on Wednesday 3 August and Thursday 4 August at TRY 36.00 per share under code BARMA.HE. In the offering conducted through Info Investment, a total of 10.5 million shares will be put up for sale. Of these 10.5 million shares, shares with a nominal value of TRY 7.5 million will be offered as part of a capital increase, and shares with a nominal value of TRY 3.5 million will be offered as part of a shareholder sale. The company plans to use the net proceeds of TRY 255.75 million from the sale of shares with a nominal value of TRY 7.5 million issued through capital increase as follows: 45 percent for principal and interest payments on financial debt, and 55 percent for working capital financing needs.

Serving Turkey's Leading Companies

Barem Ambalaj serves Turkey's leading companies, particularly in the food, packaging, beverage and cleaning sectors. The company, which operates production lines with state-of-the-art technology, completed a USD 2 million solar energy investment with a total installed capacity of 3.6 MWh at its facilities in İzmir, Gaziantep and Karaman by the first quarter of the current year to reduce energy costs, and began electricity generation at all facilities as of the end of April 2022.