İhlas News Agency, which has been fulfilling its role as Turkey’s eyes, ears, and voice in the world for 28 years, began trading on the Istanbul Stock Exchange today with a gong ceremony.

İhlas News Agency went public with the ticker symbol IHAAS. İhlas Haber Ajansı A.Ş (İhlas News Agency Inc.) shares began trading on the Istanbul Stock Exchange (BIST) Primary Market with a gong ceremony. The ceremony started at 09:30. The market opening gong rang for İhlas News Agency.

İhlas News Agency went public with the ticker symbol IHAAS. İhlas News Agency Inc. shares began trading on the Istanbul Stock Exchange (BIST) Primary Market with a gong ceremony held at 09:40. The market opening gong rang for İhlas News Agency.

The morning market opening gong was rung by the Istanbul Stock Exchange Inc. General Manager Korkmaz Ergun, İhlas News Agency General Manager Hamit Arvas, and Tera Yatırım Menkul Değerler A.Ş (Tera Investment Securities Inc.) General Manager Emre Tezmen together.

Demand reached 10.6 times the offering size

In the initial public offering (IPO) held on October 26-27, 2021, on the Borsa Istanbul Primary Market using the “Fixed Price Demand Collection and Sale Method,” demand reached 10.6 times the offering size. 73,432 investors applied for the 22 million TL nominal value shares issued due to the increase in the company’s issued capital from 42 million TL to 64 million TL.

In the statement made on the Public Disclosure Platform, it was reported that the IHA shares offered to the public on the Borsa Istanbul Primary Market using the “Sale on the Stock Exchange – Fixed Price Demand Collection and Sale” method received unfiltered demand of 234,025,270 nominal value shares, totaling 1,076,516,242 TL, which corresponds to 10.64 times the IPO size.

The 6th Publicly Traded Company of the Group

With the IPO of İHA, the number of publicly traded companies of the İhlas Group, which has significant investments in media, construction, manufacturing, marketing, health, tourism, education, and technology sectors, has increased to 6. In addition to İhlas Holding, the shares of İhlas Publishing Holding, İhlas Journalism, İhlas Real Estate, and İhlas Home Appliances are also traded on the Istanbul Stock Exchange.

Broadcasting from 51 Countries

İhlas News Agency broadcasts from 51 countries with an average of 300 video articles, 1,000 written news items, and 3,000 photographs daily, reaching more than 2,000 clients, primarily leading organizations worldwide. İHA, which has representatives in all 81 provinces and many districts of Turkey, actively operates in important capitals such as Washington, London, Berlin, Moscow, Paris, Vienna, Athens, Brussels, Tehran, Baghdad, Erbil, Kuwait, Cairo, Dubai, Kabul, and Islamabad.