Turkcell Iletisim Hizmetleri A S 6-K, filed Mar 4, 2020
Turkcell Iletisim Hizmetleri A S (TKC)
About this 6-K
Turkcell Iletisim Hizmetleri A S filed this 6-K on March 4, 2020.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated March 4, 2020
Commission File Number: 001-15092
TURKCELL ILETISIM HIZMETLERI A.S.
(Translation of registrant’s name in English)
Aydınevler Mahallesi İnönü Caddesi No:20
Küçükyalı Ofispark
34854 Maltepe
Istanbul, Turkey
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ¨ No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ¨ No x
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________
Enclosure: A press release dated March 4, 2020, regarding the incorporation of Lifecell Dijital Servisler ve Çözümler A.Ş.
Istanbul, March 4, 2020
Announcement Regarding the Incorporation of Lifecell Dijital Servisler ve Çözümler A.Ş.
Lifecell Dijital Servisler ve Çözümler A.Ş., which is 100% owned by our Company’s subsidiary Turkcell Bilişim Servisleri A.Ş., has been incorporated with a capital of TRY100,000. The company was registered on February 28, 2020 and its announcement was completed today. The company will develop digital services, solutions and products.
The public disclosure regarding the incorporation of the company was postponed by respective board decision since it could have impacted investment decision of investors and stock price.
| Board Decision Date for Acquisition | : | 30.01.2020 |
|
Were Majority of Independent Board Members’ Approved the Board Decision for Acquisition |
: | - |
| Title of Non-current Financial Asset Acquired | : | Lifecell Dijital Servisler ve Çözümler A.Ş. |
| Field of Activity of Non-current Financial Asset whose Shares were being Acquired | : | Development and provision of digital services, solutions and products |
| Capital of Noncurrent Financial Asset | : | TRY 100,000 |
| Acquirement Way | : | Establishment |
| Date on which the Transaction was/will be Completed | : | Completed following registration and announcement |
| Acquisition Conditions | : | Timed |
|
Detailed Conditions if it is a Timed Payment |
: |
¼ of capital subscribed as per the articles of association of the company is paid before registry, remaining ¾ will be paid in the following 24 months after registry |
| 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 (%) | : | - |
| Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%) | : | - |
|
Ratio of Transaction Value to Sales in the Latest Annual Financial Statements of the Company (%) |
: | - |
| Effects on Company Operations | : | - |
| Did Takeover Bid Obligation Arise? | : | No |
| Will Exemption Application be Made, if Takeover Bid Obligation Arises? | : | 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? | : | Not Prepared |
| 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 | : | - |
For more information:
Turkcell Investor Relations
investor.relations@turkcell.com.tr
Tel: + 90 212 313 1888
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TURKCELL ILETISIM HIZMETLERI A.S. | ||
| Date: March 4, 2020 | By: | /s/ Zeynel Korhan Bilek |
| Name: | Zeynel Korhan Bilek | |
| Title: | Treasury & Capital Markets Management Director | |
| TURKCELL ILETISIM HIZMETLERI A.S. | ||
| Date: March 4, 2020 | By: | /s/ Osman Yılmaz |
| Name: | Osman Yılmaz | |
| Title: | Chief Financial Officer | |