Board Decision Date for Acquisition
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:
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31.01.2018
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Were Majority of Independent Board Members’ Approved the Board Decision for Acquisition
|
:
|
-
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Title of Non-current Financial Asset Acquired
|
:
|
Turkcell Sigorta Aracılık Hizmetleri A.Ş.
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Field of Activity of Non-current Financial Asset whose Shares were being Acquired
|
:
|
Insurance Agency Activities
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Capital of Noncurrent Financial Asset
|
:
|
TRY 300,000
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Acquirement Way
|
:
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Incorporation
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Date on which the Transaction was/will be Completed
|
:
|
The company is incorporated and its registration and announcement procedures have been completed on June 25, 2018. The company has been registered as an Insurance Agency on November 30, 2018 with the approval of Undersecretariat of Treasury - General Directorate of Insurance and The Union of Chambers and Commodity Exchanges of Turkey.
|
Acquisition Conditions
|
:
|
-
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Detailed Conditions if it is a Timed Payment
|
:
|
-
|
Nominal Value of Shares Acquired
|
:
|
-
|
Purchase Price Per Share
|
:
|
-
|
Total Purchasing Value
|
:
|
-
|
Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)
|
:
|
-
|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)
|
:
|
-
|
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)
|
:
|
-
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Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)
|
:
|
-
|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
|
:
|
-
|
Effects on Company Operations
|
:
|
-
|
Did Takeover Bid Obligation Arised?
|
:
|
No
|
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
|
:
|
No
|
Title/ Name-Surname of Counter Party
|
:
|
-
|
Is Counter Party a Related Party According to CMB Regulations?
|
:
|
No
|
Relation with Counter Party if any
|
:
|
-
|
Agreement Signing Date if Exists
|
:
|
-
|
Value Determination Method of Non-current Financial Asset
|
:
|
-
|
Did Valuation Report be Prepared?
|
:
|
No
|
Reason for not Preparing Valuation Report if it was not Prepared
|
:
|
Not required by the legislation.
|
Date and Number of Valuation Report
|
:
|
-
|
Title of Valuation Company Prepared Report
|
:
|
-
|
Value Determined in Valuation Report if Exists
|
:
|
-
|
Reasons if Transaction wasn’t/will not be performed in Accordance with Valuation Report
|
:
|
-
|
TURKCELL ILETISIM HIZMETLERI A.S.
|
||
Date: December 6, 2018
|
By:
|
/s/ Zeynel Korhan Bilek
|
Name:
|
Zeynel Korhan Bilek
|
|
Title:
|
Investor Relations and Mergers & Acquisitions Director
|
|
TURKCELL ILETISIM HIZMETLERI A.S.
|
||
Date: December 6, 2018
|
By:
|
/s/ Osman Yılmaz
|
Name:
|
Osman Yılmaz
|
|
Title:
|
Chief Financial Officer
|
|