Pinar Su Sanayi ve Ticaret AS (IBSE:PINSU) announced a private placement of 32,000,000 shares at a price of TRY 1 per share for gross proceeds of TRY 32,000,000 on March 15, 2016. Post completion, the company's share capital will increase to TRY 44,800,000 from TRY 12,800,000.