Business

The public offering of the domestic sports application Mackolik received more than 30 times the demand

The public offering of Mackolik, Turkiye’s largest digital sports brand, with the “Demand Gathering” method through the consortium formed under the leadership of Info Investment, was completed with the intense interest of the investors. Equal distribution method was applied for individual investors in the public offering. The total of requests distributed to 678,726 investors reached 31.5 times the shares offered to the public. Even though the equal distribution method was applied for the individual, 18 times the demand was gathered with intense participation.

Investors showed great interest in the public offering of Mackolik, the biggest digital sports brand of our country, which reached 9.9 million monthly users in Turkiye and 4.8 million monthly users in France with Match en Direct.

The public offering of 8,500,000 shares with nominal value, constituting 34% of the company’s ₺25,000,000 capital, was issued by the “Demand Collection” method through the consortium formed under the leadership of Info Investment. While the public offering price was determined as 38.00 TL, the size of the public offering was ₺323 million. Equal distribution method was applied for individual investors in the public offering.

Mackolik will continue its activities with its global vision

As a digital brand originating from Turkiye, Mackolik General Manager Emre Ugurlu stated that they are very happy to meet with investors in Borsa Istanbul and said, “We will continue our activities with the global vision of making Mackolik one of the most important digital sports brands in the world. I would like to say ‘Welcome’ to all our new partners who will accompany us on this path. As a consistently profitable company, we will distribute at least 50% of the distributable profit each year and will work hard to make our hundreds of thousands of new partners happy as well.”

Tarkan Akgul, General Manager of Info Investment Stocks Inc.: “We, as Info Investment, in our intermediary services, which we continued without slowing down in 2023, encountered intense investor interest during the public offering of Mackolik, Turkiye’s largest digital sports brand, which was our first public offering for 2023. In the public offering, where we are the consortium leader, an equal distribution method was applied for individual investors. The total of the requests distributed to 678,726 investors reached 31.5 times the shares offered to the public. In the individual, although the equal distribution method is applied, 18 times the demand has been gathered with intense participation.”

Source: Egirisim / Translated by Irem Yildiz

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