As Vişne Mining Production Industry and Trade Inc., which has been operating since 1952, we have submitted our draft prospectus for IPO approval to the Capital Markets Board (CMB). We began our activities with lime production and now plan to sell a total of 20.5 million shares. Tera Yatırım Menkul Değerler A.Ş. will lead this process.
Following our IPO, our public float ratio will be 20.51%. The price stability of our shares will be maintained for 15 days, and 10% of the gross IPO proceeds will be used for our operational plans.
We plan to allocate 40-45% of the proceeds from the IPO for the establishment of the raw material preparation facility, all support equipment, and infrastructure at our Çelemli plant; 5-10% for the establishment of the hydraulic lime mixing line at our Çelemli plant; 20-25% for the establishment of the lime slaking, winding facility, large sack filling, packaging, and labeling facility at our Narlı plant; and 25-35% for the establishment of the micronized lime grinding line and equipment at our Narlı plant.
