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 June 25, 2018
 
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 ☒          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 ☒
 
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 ☒
 
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 ☒
 
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 June 25, 2018, regarding the Incorporation of a company that will engage in insurance agency activities.


 

 

 
Istanbul, June 25, 2018
 

Announcement Regarding the Incorporation of a Company that will Engage in Insurance Agency Activities

With reference to our announcements dated January 31, 2018, April 2, 2018 and June 1, 2018, TurkcellSigorta Aracılık Hizmetleri A.Ş. is incorporated with a capital of TRY 300,000 by our wholly owned subsidiary Turkcell Finansman A.Ş. in order to engage in insurance agency activities. The registration and announcement procedures have been completed.

Board Decision Date for Acquisition
:
31.01.2018
     
Were Majority of Independent Board Members’ Approved the Board Decision for Acquisition
:
-
     
Title of Non-current Financial Asset Acquired
:
Turkcell Sigorta Aracılık Hizmetleri A.Ş.
     
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
:
Insurance Agency Activities
     
Capital of Noncurrent Financial Asset
:
TRY 300,000
     
Acquirement Way
:
Incorporation
     
Date on which the Transaction was/will be Completed
:
The company is incorporated and its registration and announcement procedures have been completed. The company will start insurance agency activities upon registration as an Insurance Agency with the approval of Undersecretariat of Treasury - General Directorate of Insurance and The Union of Chambers and Commodity Exchanges of Turkey.
     
Acquisition Conditions
:
-
     
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 (%)
:
-
     
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
:
-
 
 
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:  June 25, 2018
By:
 /s/ Zeynel Korhan Bilek
  
  Name: Zeynel Korhan Bilek  
  Title: Investor Relations and Mergers & Acquisitions Director  

 
       
 
TURKCELL ILETISIM HIZMETLERI A.S.
 
Date:  June 25, 2018
By:
 /s/Bulent Aksu
  
  Name: Bulent Aksu  
  Title: Chief Financial Officer