SPK files criminal complaints against 65 people over EDATA, KARCL and GRTHO transactions

Following its investigations into transactions carried out in the equity markets of E-Data Teknoloji Pazarlama AŞ (EDATA), Kardemir Çelik Sanayi AŞ (KARCL) and Graintürk Holding AŞ (GRTHO), the Capital Markets Board (SPK) decided to file criminal complaints against 65 natural persons. In its weekly bulletin, the Board stated that a 2-year ban on trading on exchanges would be applied to 65 natural persons and 6 legal entities deemed responsible in the transactions in question. It was also decided that the licenses of 36 natural persons would be revoked for the duration of the trading ban.

The bulletin also included the bonus share issues of two companies: Plastikkart Akıllı Kart İletişim Sistemleri Sanayi ve Ticaret AŞ's current capital of 22 million 750 thousand lira will be raised to 300 million lira, and Flap Kongre Toplantı Hizmetleri Otomotiv ve Turizm AŞ's current capital of 93 million 750 thousand lira will be raised to 400 million lira. It was reported that the capital increase of both companies will be carried out as a bonus issue from internal resources.

Yeo Teknoloji Enerji ve Endüstri AŞ's application for a ceiling of 300 million dollars in bonds and financing bills to be sold abroad was approved. ZKB Varlık Kiralama AŞ was permitted to issue 500 million lira worth of lease certificates.

The Board authorized the establishment of the FT Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Girişim Sermayesi Şemsiye Fonu and the Piramit Portföy Yönetimi AŞ Gayrimenkul Şemsiye Fonu. The request of Tema Bağımsız Denetim AŞ to be included in the list of institutions authorized to conduct independent audits in the capital market was approved.

The SPK decided to initiate the necessary legal proceedings to block access to 12 websites, with the aim of preventing unauthorized activity in the capital markets and protecting the rights of investors. The bulletin also noted that the capital increase applications of 2 portfolio management companies were approved, and that the conversion of 1 investment fund and the liquidation of 3 investment funds and 2 real estate investment funds were permitted. It was also decided that the measure allowing a flexible application of the equity ratio in margin trading in capital market transactions will continue until the end of the session on 31 December 2026.