Istanbul, October 8, 2018
Announcement Regarding the Approval of Paycell Limited Liability Company's Local Currency Transfer License
With reference to our recent announcement dated September 17th, 2018, local currency transfer license application of the financial company titled "Paycell LLC", established in Ukraine by our wholly owned subsidiary lifecell Limited Liability Company ("lifecell LLC") based in Ukraine, has been approved by National Bank of Ukraine.
Board Decision Date for Acquisition
Title of Non-current Financial Asset Acquired
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
: : :
26.05.2017
Paycell Limited Liability Company ("Paycell LLC")
Financial services (e-money, money transfer, loans, leasing)
Capital of Noncurrent Financial Asset
Acquirement Way
: :UAH 28,000,000
Establishment
Date on which the Transaction was/will be Completed
:
Completed following the approval of local currency transfer license.
Acquisition Conditions
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 (%)
Effects on Company Operations
Did Takeover Bid Obligation Arise?
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
Title/ Name-Surname of Counter Party
Relation with Counter Party if any
Value Determination Method of Non-current Financial Asset
:
-
: : :
-
No
: : :
No -
- -
Did Valuation Report be Prepared?
:
No
Reason for not Preparing Valuation Report if it was not Prepared
: Not required by the legislation.
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 Relationsinvestor.relations@turkcell.com.tr Tel: + 90 212 313 1888
:
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Disclaimer
Turkcell Iletisim Hizmetleri AS published this content on 08 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 October 2018 14:17:02 UTC