25 March 2015
Turkcell Released Announcement Regarding Dividend Distribution Proposal
Turkcell Board of Directors has taken the decision to submit the proposal on the distribution of our Company’s dividend.
By taking the Company’s cash projections, business outlook, investment plans and capital market conditions into consideration; Turkcell Board of Directors has taken the decision on March 25, 2015 to submit the proposal on the distribution of our Company’s dividend in a gross amount of TRY 3,925 million which corresponds to Turkcell’s 42.5% net distributable profit for the fiscal years 2010, 2011, 2012, 2013 and 2014 and equivalent of a gross cash dividend of TRY 1.7840909 (net TRY 1.5167086) per ordinary share with a nominal value of TRY 1, to the discussion and approval of the Ordinary General Assembly of Shareholders scheduled for March 26, 2015.
Notes to Editors
LetterOne Technology is an investment vehicle of LetterOne Group focused on opportunities in the global telecommunication sector. LetterOne Technology has two portfolio investments: VimpelCom Ltd., one of the world’s largest integrated telecoms services operators providing voice and data services, and Turkcell, the leading telecoms operator in Turkey.
Turkcell is the leading communications and technology company in Turkey.