TKC Turkcell lletism Hizmetleri AS

 

  

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

 

For the month of July 2024

 

Commission File Number: 001-15092

 

 

TURKCELL ILETISIM HIZMETLERI A.S.

 

 

(Translation of registrant’s name into English)

 

Aydınevler Mahallesi İnönü Caddesi No:20

Küçükyalı Ofispark

34854 Maltepe
Istanbul, Türkiye

 

 

(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:

 

x Form 20-F  ¨ Form 40-F

 

Enclosure: A press release dated July 29, 2024, announcing the acquisition of the remaining shares of Dijital Eğitim Teknolojileri A.Ş.

 

 

 

 

 

Istanbul, July 29, 2024

 

Announcement Regarding the Acquisition of Shares of Dijital Eğitim Teknolojileri A.Ş.

 

As per our Company's Board of Directors’ decision dated April 5, 2024; the share transfer for the acquisition of the remaining 49.0% shares of Dijital Eğitim Teknolojileri A.Ş. (“Dijital Eğitim”) by our Company's 100% owned subsidiary Turkcell Dijital İş Servisleri A.Ş. (“Turkcell Dijital”), which has 51.0% shareholding in it, from Şahinkaya Özel Eğitim Kurumları A.Ş., the other shareholder of Dijital Eğitim, for TRY 45,600,000 (VAT included) was completed on July 26, 2024.

 

Since the respective share purchase may affect investors' decisions and share value, the announcement was postponed by the decision of the Board of Directors within the scope of Article 6 of the Capital Markets Board's Communiqué on Material Events, when the relevant processes were not yet finalized.

 

Board Decision Date for Acquisition	:	05.04.2024
Were Majority of Independent Board Members’ Approved the Board Decision for Acquisition	:	Yes
Title of Non-current Financial Asset Acquired	:	Dijital Eğitim Teknolojileri A.Ş. (“Dijital Eğitim”)
Field of Activity of Non-current Financial Asset whose Shares were being Acquired	:	Offering education and communication solutions compatible with new generation technologies including internet and computers
Capital of Noncurrent Financial Asset	:	TRY 20,100,000
Acquirement Way	:	Acquisition
Date on which the Transaction was/will be Completed	:	26.07.2024
Acquisition Conditions	:	Cash
Detailed Conditions if it is a Timed Payment	:	-
Nominal Value of Shares Acquired	:	TRY 9,849,000
Purchase Price Per Share	:	TRY 4.63
Total Purchasing Value	:	TRY 45,600,000

 

Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)	:	49.0%
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)	:	100%
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)	:	100%
Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)	:	0.016%
Ratio of Transaction Value to Sales in the Latest Annual Financial Statements of the Company (%)	:	0.043%
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	:	Şahinkaya Özel Eğitim Kurumları A.Ş.
Is Counter Party a Related Party According to CMB Regulations?	:	No
Relation with Counter Party if any	:	The other shareholder of Dijital Eğitim Teknolojileri A.Ş.
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: July 29, 2024	By:	/s/ Özlem Yardım
		Name:	Özlem Yardım
		Title:	Investor Relations Corporate Finance Director

 

	TURKCELL ILETISIM HIZMETLERI A.S.
Date: July 29, 2024	By:	/s/ Kamil Kalyon
		Name:	Kamil Kalyon
		Title:	Chief Financial Officer

 

 

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