Decision of the Board of Directors for Profit Share Distribution | 28/02/2014

28.02.2014

Decision of the Board of Directors for Profit Share Distribution

Date of Board Decision 28.02.2014
Date of General Assembly to Discuss the Matter 27.03.2014
Suggested Payment Method for Cash Profit Share Advance
Share Group Information Suggested Cash Profit Share for a Share with Nominal Value of 1 TL - Gross(TL) Suggested Cash Profit Share for a Share with Nominal Value of 1 TL - Net (TL)
TSKB(Former),TRATSKBW91N0 0,0500000 0,0425000
Date for Suggested Cash Profit Share Payment
31.03.2014
Share Group Information Amount of Profit Share Suggested to be Distributed in the form of Shares (TL) Percentage of Profit Share Suggested to be Distributed in the form of Shares (%)
TSKB(Former),TRATSKBW91N0 200.000.000,000 15,38461

Our Bank’s Board of Directors, at its Meeting held on 28.02.2014, has resolved as follows, “The net profit of 2013 amounting to 326.056.885,82 TL shall be distributed in accordance with the Bank’s Articles of Incorporation, Article 47 in a manner shown in the Profit Distribution Table enclosed herewith; 265.000.000 TL which is the total of first and second profit shares shall be distributed in full (65.000.000 TL which is 5.0% of the paid-in capital is to be distributed to shareholders shall be distributed as cash dividend and remaining 200.000.000 TL, which is 15.38% of the paid-in capital, shall be distributed as stock dividend in the capital increase from 1.300.000.000 TL to 1.500.000.000 TL following the approval of CMB and distribution of the cash dividends amounting to 65.000.000.- TL shall be commenced as of 31.03.2014 and the Board of Directors shall be authorized accordingly and the proposal for the profit distribution shall be submitted to the Ordinary General Meeting for approval.” Statement of Profit Distribution for year 2013 is attached.

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