With the new calculation method, the Central Registry Agency (MKK) will publish the number and rates of companies’ shares in actual circulation on the Data Analysis Platform (VAP) as of September 14.
MKK made an announcement regarding the publication of the actual shares in circulation of companies traded on the stock exchange.
Accordingly, with the new calculation method, the number and rates of companies’ shares in actual circulation for September 11, 2026 and after will be able to be followed on the “Custody Data > Actual Circulation Report” page in VAP as of September 14.
The following statements were included in the MKK announcement:
“Actual circulation rates of companies traded on the Stock Exchange are calculated daily within the framework of the Capital Markets Board’s decision dated 17.02.2011 and numbered 5/157, and published on the “Custodial Data > Actual Circulation Report” page on the VAP Data Analysis Platform (http://vap.org.tr).
With the new calculation method in line with the Board’s Principle Decision No. 54/1614 dated 03.09.2026, the number and rates of shares in actual circulation of companies for 11.09.2026 and later can be followed on the same page, effective as of 14.09.2026. “In addition, relevant data will be included in the general information pages of the companies on the KAP Public Disclosure Platform (kap.org.tr).”
CMB ANNOUNCED ITS DECISIONS REGARDING ACTUAL CIRCULATION RATIO AND SHAREHOLDING
The Capital Markets Board (CMB) announced its decisions regarding the actual circulation rate and shareholding this week. Accordingly, the Board had determined the shareholding notification obligation limit in the capital of issuers traded on the stock exchange as 3 percent as of the end of September 11, 2026.
On the other hand, the table showing real and legal persons with a direct share of 3 percent or more and the table showing real and legal persons with an indirect share of 10 percent or more, including hedge funds, will be updated instantly by MKK.
The indirect shareholding data announced by MKK will not be of a nature that can be directly taken as a basis for regulations in which indirect shareholding is evaluated, such as the takeover bid obligation.
The data in question will be given for the purpose of providing information regarding the rate of property rights.
The concept of shares in actual circulation will be defined as “the concept showing the free float rate”. The share ratio in actual circulation will be calculated by dividing the number of shares in actual circulation, calculated based on the shares that can be monitored by MKK, by the total number of shares that can be monitored by MKK.
