Turkcell Iletisim Hizmetleri : 21.9.2017 | Announcement Regarding the Approval of Financial Services Company Status for Paycell Limited Liability Company in Ukraine

Board Decision Date for Acquisition

:

26.05.2017

Title of Non-current Financial Asset Acquired

:

Paycell Limited Liability Company "Paycell LLC"

Field of Activity of Non-current Financial Asset whose Shares were being Acquired

:

Financial services (e-money, money transfer, loans, leasing)

Capital of Noncurrent Financial Asset

:

USD 2,000,000 (or equivalent in other currencies)

Acquirement Way

:

Establishment

Date on which the Transaction was/will be Completed

:

Once financial services and local currency transfer licences are obtained.

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 Arised?

:

No

Will Exemption Application be Made, if Takeover Bid Obligation Arised?

:

No

Title/ Name-Surname of Counter Party

:

-

Relation with Counter Party if any

:

-

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.

Value Determined in Valuation Report if Exists

:

-

Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report

:

-