November 14 (SeeNews) - Turkey's Yayla Enerji Uretim Turizm ve Insaat Ticaret [BIST:YAYLA] has raised 12 million Turkish lira ($5.9 million/4.4 million euro) in gross proceeds in an initial public offering (IPO) on Borsa Istanbul, IPO manager Neta Yatirim Menkul Degerler said Thursday.
Yayla Enerji, which is active in the construction, energy and tourism sector, sold 2.5 million shares with nominal value of one lira apiece at 4.80 lira per share on Thursday, Neta Yatirim said in a bourse filing.
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(1 euro = 2.7506 Turkish lira)