SPK files criminal complaints against 77 people over EDATA, KARCL and GRTHO transactions

The Capital Markets Board (SPK) announced in its weekly bulletin the results of its investigations into transactions in the equity markets of E-Data Teknoloji Pazarlama A.Ş. (EDATA), Kardemir Çelik Sanayi A.Ş. (KARCL) and Graintürk Holding A.Ş. (GRTHO). The board decided to file criminal complaints against 8 people over transactions in the EDATA equity market, 45 people over transactions in KARCL and 24 people over transactions in GRTHO.

SPK also decided to impose a two-year trading ban in exchanges and other organized markets on the people named in the criminal complaint lists. Within the scope of the KARCL investigation, A1 Capital Portföy Yönetimi, A1 Capital Yatırım Menkul Değerler, Pardus Portföy Yönetimi, Tera Girişim Sermayesi Yatırım Ortaklığı, Tera Portföy Yönetimi and Tera Yatırım Bankası were also included in the scope of the trading ban.

The board extended the measure for the flexible application of the equity ratio in margin trading until the end of the session on 31 December 2026.

SPK also approved the 277 million 250 thousand TL bonus capital increase of Plastikkart Akıllı Kart İletişim Sistemleri Sanayi ve Ticaret A.Ş. and the 306 million 250 thousand TL bonus capital increase of Flap Kongre Toplantı Hizmetleri Otomotiv ve Turizm A.Ş. With the increases, to be covered entirely from internal resources, Plastikkart's capital will rise from 22 million 750 thousand TL to 300 million TL and Flap Kongre's capital from 93 million 750 thousand TL to 400 million TL. The board approved Yeo Teknoloji Enerji ve Endüstri A.Ş.'s issuance of up to 300 million dollars in bonds or financing bills abroad.

The scope of the optional refunds to be made by publicly traded companies regarding certain investment funds decided to be liquidated was also determined. According to SPK, if companies assess that the amount planned to be refunded may affect the share price or investor decisions, they will make a disclosure under the Special Circumstances Communiqué and notify the refund to shareholders as a separate agenda item at the general assembly.

The board accepted the application by Freedom Yatırım Menkul Değerler A.Ş. for an amendment to its articles of association to raise its capital from 655 million TL to 1.3 billion TL; it allowed Logos Portföy Yönetim A.Ş. to raise its capital from 80 million TL to 120 million TL and Net Varlık Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi A.Ş. from 25 million TL to 50 million TL. SPK announced that the necessary legal proceedings have been initiated to block access to 12 internet addresses in order to prevent unauthorized activities in the capital markets.