DOCUMENTS TO BE SUBMITTED WITH THE APPLICATION FOR ADMISSION TO THE ECM DIRECTORY

 

1) A petition for admission to the ECM Directory, signed by the company and its market advisor,
2) Registration Certificate obtained from the CMB,
3) A notarized “letter of approval and consistency declaration” signed by the market advisor and the company,
4) A notarized “letter of undertaking for being traded on the Exchange” signed by the company,
5) A market advisory agreement signed by the company and the market advisor,
6) A company information form signed by the company and the market advisor,
7) The most recent year-end financial statements and the independent audit report thereof. If a period of nine months has elapsed since the date of the audited balance sheet, the independently audited semi-annual financial statements,
8) If the issue is realized via a public offering, CMB-certified prospectus and circular, or if the issue is realized via a private placement, then ECM Trading Information Form,
9) Copies of the agreements with intermediary institutions, if any,
10) Notarized signature circular of the representatives of the company and the market advisor,
11) Copies of the Turkish Trade Registry Gazettes where the articles of association of the company and amendments have been published, and the articles of association of the company reflecting the most recent status, prepared as a single document and signed by the authorized signatories of the company,
12) Information about the share groups set forth in the articles of association, and privileges attached to or restrictions imposed on such groups, 
13) If there are registered shares amongst the shares which are included in the ECM Directory application, then a board of directors’ decision that blank endorsement is acceptable in the transfer and assignment of such shares,
14) Results of the sales via public offering or private placement,
15) The web site address through which the company shall make public disclosures and use for investor relations;
16) A certificate evidencing that the shares included in the ECM Directory application have been registered by the CRA;
 17) Other information and documents that may be requested by the Exchange.

In principle, the documents attached to the application should be drawn up and signed by the market advisor and the company representatives. The company management and the market advisor are jointly responsible for the accuracy of the information and the documents submitted. The issuer must present all the information and documents that may be requested by the market advisor or the ISE.

In the case of a capital increase by a company included in the ECM Directory, the company must file a complementary application for the shares to be issued through bonus and/or rights issues, corresponding to the shares included in the ECM Directory prior to the capital increase. 

A complementary application for shares to be admitted must be signed jointly by the market advisor and the authorized representatives of the company, and should include the Turkish Trade Registry Certificate evidencing the completion of the capital increase and the ECM Directory complementary application information form, and must be sent to the Exchange in no later than seven business days following the completion of the respective documents.

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