Chicken World Apply to CMB for Public Offering

Chicken World Apply to CMB for Public Offering
Chicken World Apply to CMB for Public Offering

Chicken Dunyası has applied to the Capital Markets Board (SPK) for a public offering. One of the leading brands of the Turkish food and beverage industry, Tavuk Dünyası Gıda Sanayi ve Ticaret A.Ş. (“Chicken Dünyası” or “The Company”) submitted the draft prospectus for the public offering of approximately 20,7% of the Company's shares, excluding additional sales, to the Capital Markets Board (“CMB”) for approval. The draft prospectus, submitted for the approval of the CMB, was published on the website of Yapı Kredi Investment, which is authorized as an intermediary institution, ykyatirim.com.tr, and on the website of Tavuk Dünyası, chickendunyasi.com.

Chicken Dunyasi CEO Volkan Mumcu said about the public offering: “As Chicken Dunya, we want to continue our growth journey in a much stronger way, together with our investors. We are happy to have taken the first step towards this and have submitted our prospectus application for the purpose of public offering.”

Global Restaurant Investments SARL, which became a shareholder by investing in Chicken World in 79,7, holds 2015 percent of the shares of Tavuk Dünyası.

Mumcu stated that the Chicken Dunyasi brand has always attracted great interest from franchise investors in the restaurant sector; He said that they aim to see the same intense interest from investors during the public offering process.

As of September 30, 2022, Chicken Dunyasi has been serving with a total of 52 restaurants, in 275 cities of Turkey and in the TRNC. reached nearly 2022 times the total system sales recorded in the same period of the previous year.

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