Summary Info
General Assembly Resolution for Profit Distribution
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
05.03.2024
Date of Related General Assembly
01.04.2024
Was The Issue of Dividend Payment Negotiated?
Discussed
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 (%)
AYGAZ, TRAAYGAZ91E0
Payment In Advance
6,8500000
685
10
6,1650000
616,5
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
04.04.2024
04.04.2024
08.04.2024
05.04.2024
(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 (%)
AYGAZ, TRAAYGAZ91E0
0
0
Additional Explanations
In our Ordinary General Assembly Meeting held today, it was resolved to approve the attached dividend distribution proposal of the Board of Directors and to start the dividend payments on 04 April 2024.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
Supplementary Documents
Appendix: 1
Kar Dağıtım_2023.pdf
Appendix: 2
Profit Distribution_2023.pdf
DIVIDEND DISTRIBUTION TABLE
AYGAZ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
219.800.767
2. Total Legal Reserves (According to Legal Records)
381.033.518,61
Information on privileges in dividend distribution, if any, in the Articles of Association:
No privilege in profit distribution.
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
5.465.872.000
3.159.533.097,02
4. Taxes Payable (-)
-74.773.000
255.006.282,29
5. Net Current Period Profit
5.953.903.000
2.904.526.814,73
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
5.953.903.000
2.904.526.814,73
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
5.953.903.000
2.904.526.814,73
9. Donations Made During The Year ( + )
35.002.383,36
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
5.988.905.383,36
0
11. First Dividend to Shareholders
1.505.635.253,95
10.990.038,35
* Cash
1.505.635.253,95
10.990.038,35
* Stock
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
0
1.494.645.215,6
16. Secondary Legal Reserves
149.464.521,56
149.464.521,56
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
4.298.803.224,49
1.249.427.039,22
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 (%)
- - -
1.474.527.751,28
0
24,77
6,165
616,5
TOTAL
1.474.527.751,28
0
24,77
6,165
616,5
Dividend Rate Table Explanations

** Calculation of net profit distribution: 10% withholding tax will be applied to the dividends paid to real persons since there is no exemption. The calculation was made on the assumption that the dividend payments made in 2023 were 79.34% for corporate taxpayers and the remaining 20.66% were for real person taxpayers.

*** The amount is the registered nominal capital amount, and there is a capital inflation adjustment difference of 6.699.041.547 TL in the records prepared in accordance with VUK.

***The amount is the nominal general legal reserves amount, and there is an inflation adjustment difference of 4.167.530.388 TL regarding the legal reserves in the records prepared in accordance with the Tax Procedure Law.

****The first dividend amount is calculated by taking into account the registered nominal capital amount.