6-K 1 ss169760_6k.htm REPORT OF FOREIGN PRIVATE ISSUER

 

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 March 24, 2020

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 x           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 x

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 x

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 x

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 March 24, 2020, regarding the Board of Directors resolution on buy-back of securities.

 

 

 

   

 

 

 

Istanbul, March 24, 2020

 

Announcement Regarding the Board of Directors Resolution on Buy-back of Securities

Our Company’s Board of Directors had resolved during the meetings dated July 27, 2016 and January 30, 2017 to determine the maximum fund amount to be utilized to buy-back our shares trading at Borsa İstanbul A.Ş., our American Depository Receipts (ADR) trading at New York Stock Exchange (NYSE) and to purchase Eurobonds of our Company as TRY300 million within the scope of the announcements of the Capital Markets Board dated July 21, 2016 and July 25, 2016.

Our Company’s Board of Directors has now resolved to increase the respective maximum fund amount to TRY450 million to protect our investors against recent market volatility that originated mainly from COVID-19 virus and to support indicative value of our assets traded in capital markets taking also into consideration the announcement of Capital Markets Board dated March 23, 2020.

 

 

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:  March 24, 2020 By: /s/ Zeynel Korhan Bilek
  Name:   Zeynel Korhan Bilek
  Title: Treasury & Capital Markets Management Director
   
   
  TURKCELL ILETISIM HIZMETLERI A.S.
     
     
Date:  March 24, 2020 By: /s/ Osman Yılmaz
  Name:   Osman Yılmaz
  Title: Chief Financial Officer