The Chairman of the Board of TAV Airports (TAVHL), Mr. Hamdi Akin, has registered 4.2m unlisted TAVHL shares to the Central Registry Agency for sale on the Istanbul Stock exchange (ISE) within 99 years. Accordingly, Mr. Hamdi Akin announced that he has no intention to sell shares in the short-medium term. Our view: The registered shares correspond to 1.15% of TAVHL’s total capital and 2.7% of the total free float. Considering the amount of the shares and the sale period, we do not expect a negative pressure on the share price.