Tehran stock exchange managing director appreciated the successful public offering of Ofogh-e Koorosh shares as the 526^th company entered the bourse and thanked the company's managing director and personnel for their efforts in developing the capital market.

The public relations of Ofogh-e Koorosh reports that after initial public offering of Ofogh-e Koorosh 5 percent stocks, the respective acceptance certificate has been given to the company's managing director, Amir Khosro Fakhrian.

The certificate ratifies the initial public offering of Ofogh-e Koorosh as the 526^th company in Tehran bourse secondary market list.

The certificate also congrats the shareholders, managers and personnel and wishes for the continuous presence of Ofogh-e Koorosh in Tehran stock exchange along with keeping the current rules and regulations.

Tehran stock exchange managing director also issued a letter of appreciation for Ofogh-e Koorosh managing director which included the following:

Dear Mr. Amir Khosro Fakhrian

The managing director of Ofogh-e Koorosh chain stores company

The growth and development of the capital market and the systemic financing through the public offering of the new shares of the firms, mostly depends on the attempts made by the respective companies' managers.

Hereby we are appreciating your attempts and all those who made their utmost in growing and developing the capital market in this way.