An injunction and ban decision was taken for a period of 1 month regarding a share traded on Borsa Istanbul.
With the written statement sent to the Public Disclosure Platform (KAP) from Borsa Istanbul, it was announced that an injunction and ban decision had been taken regarding a share.
According to the decision reported to KAP by Borsa Istanbul, within the scope of Volatility Based Measures System (VBTS) Ditaş Doğan Yedek Parça İmalat ve Teknik A.Ş. An injunction and prohibition decision was taken regarding (DITAS) shares until May 24, 2024.
The following statements were included in the statement sent to KAP:
Within the scope of the Volatility Based Measures System (VBTS) put into effect in accordance with the decision of the Capital Markets Board Ditaş Doğan Yedek Parça İmalat ve Teknik A.Ş. Gross settlement will be applied to (DITAS) shares from transactions dated 25/04/2024 (beginning of the session) to transactions dated 24/05/2024 (end of the session). The measures currently implemented in the relevant denominator and defined in the previous stages within the scope of VBTS (credit transaction ban measure) will also continue during the period when the gross settlement measure is implemented.
ABOUT DİTAŞ
Ditaş Doğan Yedek Parça İmalat ve Teknik A.Ş. It was established in 1972 with the aim of producing vehicle infrastructure parts such as tie rod ends, ball joints, tie rods, control arms, drawbars, stabilizer arms and V drawbars, and became operational in 1978. Today, it is Turkey’s largest company with an annual production capacity of 7 million 800 thousand units. It is a rod manufacturer that produces for OE. Majority of the shares belong to Doğan Şirketler Grubu Holding A.Ş. DİTAŞWith its successful history of more than 40 years, it provides high quality original products to domestic as well as foreign vehicle manufacturers in the production of steering and suspension system parts.DİTAŞhas maintained its leadership in the Turkish market, which includes the world’s largest OE rod manufacturers, for years thanks to its high quality products, integrated facilities and experience. In the world markets, it has taken important steps towards becoming both an original product supplier and a well-known brand in the replacement market. It meets 80% of the rod demand of commercial vehicle manufacturers and 15% of passenger vehicles in Turkey.
