Summary Info
2019 Profit Distribution Proposal
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
14.02.2020
Type of Cash Dividend Payment
Payment In Advance
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
Cash Dividend Payment Amount and Rates
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Withholding Rate (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
OTKAR, TRAOTKAR91H3
Payment In Advance
8,3333333
833,33333
15
7,0833333
708,33333
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
23.03.2020
25.03.2020
24.03.2020
(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).
(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).
(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.
(4) Date of determination of the right holders of the type of shares traded on the stock exchange.
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
OTKAR, TRAOTKAR91H3
0
0
Additional Explanations

At the Board of Directors Meeting of our Company which held on 14.02.2020, the following issue was decided to be submitted to shareholders' approval at the Annual General Meeting of the company which is foreseen to be held during March, 2020. Distribution of totally TRY 200.000.000 gross dividend from the distributable profit of the 2019 fiscal year as per seen in the attached Dividend Distribution Table of the company and to distribute dividend payment on 23.03.2020 and in accordance with Capital Market Legislation, clause 19 of Article of Association and the Dividend Distribution Policy of the company.


Supplementary Documents
Appendix: 1
Kardagitim_EK.pdf
Appendix: 2
Dividend.pdf
DIVIDEND DISTRIBUTION TABLE
OTOKAR OTOMOTİV VE SAVUNMA SANAYİ A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
24.000.000
2. Total Legal Reserves (According to Legal Records)
73.758.147
Information on privileges in dividend distribution, if any, in the Articles of Association:
No
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
346.353.956
288.660.528
4. Taxes Payable (-)
-5.237.647
0
5. Net Current Period Profit
351.591.603
288.660.528
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
351.591.603
288.660.528
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
351.591.603
288.660.528
9. Donations Made During The Year ( + )
3.138.362
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
354.729.965
288.660.528
11. First Dividend to Shareholders
177.364.982
1.200.000
* Stock
177.364.982
1.200.000
* Cash
0
0
12. Dividend Distributed to Owners of Privileged Shares
0
0
13. Other Dividend Distributed
0
0
* To the Employees
0
0
* To the Members of the Board of Directors
0
0
* To Non-Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
22.635.018
198.800.000
16. Secondary Legal Reserves
19.880.000
19.880.000
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
131.711.603
68.780.528
20. Other Distributable Resources
0
0
Dividend Payment Rates Table
Share Group
CASH DIVIDEND AMOUNT (TL) - NET
STOCK DIVIDEND AMOUNT (TL)
TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)
DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
- - -
170.000.000
0
48,35
7,08333
708,333
TOTAL
170.000.000
0
48,35
7,08333
708,333
Dividend Rate Table Explanations

According to the consolidated financial statements for the 01.01.2019-31.12.2019 accounting period, which are prepared in compliance with the Turkish Financial Reporting Standards (TFRS) pursuant to Capital Markets Board's (CMB) "Communiqué on the Principles Financial Reporting in Capital Markets", numbered II-14.1, and audited by PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., a net profit of TL 351.591.603 has been posted for the parent company. The dividend distribution proposal, prepared by taking into account the long-term corporate strategy, capital requirements, investments and financing policies, profitability and cash position of the company, is presented below. If the proposal is approved with the decision of the General Assembly, the dividend payment will start on 23.03.2020.