Summary Info
Change of dividend distribution date
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
Presidential Decree No.2948, dated 18.09.2020
Decision Date
24.09.2020
Date of Related General Assembly
26.03.2020
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
3 installment
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount
-
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 (%)
TKFEN, TRETKHO00012
1. Installment
0,5763400
57,634
15
0,4898890
48,9889
TKFEN, TRETKHO00012
2. Installment
0,3842266
38,42266
15
0,3265926
32,65926
TKFEN, TRETKHO00012
3. Installment
0,1921133
19,21133
15
0,1632963
16,32963
TKFEN, TRETKHO00012
TOTAL
1,1526799
115,26799
15
0,9797779
97,97779
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
1. Installment
27.04.2020
27.04.2020
29.04.2020
28.04.2020
2. Installment
24.09.2020
24.09.2020
28.09.2020
25.09.2020
3. Installment
05.01.2021
05.01.2021
07.01.2021
06.01.2021
(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 (%)
TKFEN, TRETKHO00012
0
0
Additional Explanations

At the company's annual general meeting dated 26 March 2020 and decision of our Board of Directors dated 24 April 2020, it was resolved to pay our shareholders a 30% dividend out of the company's 2019 profits in 3 installments and pay out the third installment on 1 October 2020. Pursuant to the Presidential Decree dated 18 September 2020, Limitation Of Profit Distribution Stipulated By Law No.7244* has been extended until 31 December 2020, accordingly, our Board of Directors has decided to make the third installment payment of 5% on 5 January 2021.


*Law Concerning the Reduction of the Effects of the Novel Coronavirus (Covid-19) Epidemic on Economic and Social Life and the Amendment of Some Laws


Supplementary Documents
Appendix: 1
TKFEN2019Kar_dağıtım_Tablosu.pdf
Appendix: 2
TKFEN2019Dividend_Distribution_Table.pdf
DIVIDEND DISTRIBUTION TABLE
TEKFEN HOLDİNG A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
370.000.000
2. Total Legal Reserves (According to Legal Records)
74.000.000
Information on privileges in dividend distribution, if any, in the Articles of Association:
None.
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
1.782.320.000
1.131.512.066,99
4. Taxes Payable (-)
-361.570.000
-29.409.318,21
5. Net Current Period Profit
1.420.750.000
1.102.102.748,78
6. Losses in Previous Years (-)
0
7. Primary Legal Reserve (-)
0
8. Net Distributable Current Period Profit
1.420.750.000
1.102.102.748,78
Dividend Advance Distributed (-)
0
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
887.292
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
1.421.637.292
11. First Dividend to Shareholders
* Cash
426.491.600
* Stock
0
12. Dividend Distributed to Owners of Privileged Shares
0
13. Other Dividend Distributed
0
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
29.827.752
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
964.430.648
645.783.396,78
20. Other Distributable Resources
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 (%)
- - -
362.517.860
0
30
0,979778
97,9778
TOTAL
362.517.860
0
30
0,979778
97,9778
Dividend Rate Table Explanations

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