Financial Fixed Asset Sales | 31/01/2014

31.01.2014

About sales of our shares in the İstanbul Settlement and Custody Bank Inc.

Date of the Board of Directors Decision Regarding Sales : 31.01.2014
Title of the Financial Fixed Asset Sold : İstanbul Takas ve Saklama Bankası A.Ş.
Field of Activity of the Financial Fixed Asset Sold : To Provide Settlement and Custody Services within the Framework of Capital Market and Exchange Regulations, and to Perform Investment Banking Operations within Banking Law and Other Banking Regulations.
Capital of the Financial Fixed Asset Sold : 420.000.000-TL
Date of the Transaction Completed/To Complete : 31.01.2014
Sales Terms : Advance
Nominal Amount of the Shares Sold : 21.000.000-TL
Price For Each Share : 1,59
Total Amount : 33.390.000-TL
Percentage of Shares Sold to the Capital Of the Financial Fixed Asset (%) : %5
Participation Percentage in the Financial Fixed Asset After Sales (%) : %0
Percentage of Voting Power Owned to the Total Voting Power of the Financial Fixed Asset After Sales (%) : %0
Percentage of the Financial Fixed Asset Sold to the Active Total of the Company in the Latest Financial Statement that was made public (%) : %0,1922
Effect on the Company’s Activities : Not Available.
Amount of Profit/Loss After Sales : 9.922.080,53
How to Utilize the Profit of the Sales, if Applicable : Joint sales profit that was acquired in accordance with Tax Procedure Law provinces is 9,922,080.53-TL and it was decided by the Bank Board of Directors that its 75 %, amounting to 7,441,560.40-TL would be kept in a private liability account in order to use it in capital increase when needed in accordance with Corporate Tax Law, Article 5(1).
Date of the BOD Decision Regarding How to Utilize the Profit of the Sales, if Applicable : 31.01.2014
Name/Title of the Person Who Made Purchased : Borsa İstanbul Inc.
Affiliation of the Person Who Made Purchase To The Company : -
Method for Assessment of the Financial Fixed Asset : Mutual Discussions and Negotiations
Whether Assessment Report Has Been Prepared or Not : -
If Assessment Report Has Not Been Prepared, its Reason? : -
Amount Determined With Assessment Report : -
If the Transaction Was (Will) Not (Be) Realized In Accordance With the Results of the Assessment Report, its Reason : -

Türkiye Sınai Kalkınma BankasıTurkey’s comprehensive environmental portal cevreciyiz.com is supported by TSKB.