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 September 22, 2017
 
 
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 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
 
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
 
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
 
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 September 21, 2017, regarding the approval of financial services company status for Paycell Limited Liability Company in Ukraine.

 
            
 


 
Istanbul, September 21, 2017
 


Announcement Regarding the Approval of Financial Services Company Status for Paycell Limited Liability Company in Ukraine

With reference to our disclosure dated May 26, 2017; Paycell LLC, established in Ukraine as a subsidiary of lifecell Limited Liability Company (“lifecell LLC”), which is wholly-owned by Turkcell, has received “financial company” status. Paycell LLC will apply to obtain financial services and local currency transfer licences in order to provide lifecell LLC customers device sales on credit, and means of digital payment via e-money.



Board Decision Date for Acquisition
:
26.05.2017
     
Title of Non-current Financial Asset Acquired
:
Paycell Limited Liability Company “Paycell LLC”
     
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
:
Financial services (e-money, money transfer, loans, leasing)
     
Capital of Noncurrent Financial Asset
:
USD 2,000,000 (or equivalent in other currencies)
     
Acquirement Way
:
Establishment
     
Date on which the Transaction was/will be Completed
:
Once financial services and local currency transfer licences are obtained.
     
Acquisition Conditions
:
-
     
Nominal Value of Shares Acquired
:
-
     
Purchase Price Per Share
:
-
     
Total Purchasing Value
:
-
Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)
:
-
     
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)
:
-
     
 
 

 
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)
:
-
     
Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)
:
-
     
Effects on Company Operations
:
-
     
Did Takeover Bid Obligation Arised?
:
No
     
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
:
No
     
Title/ Name-Surname of Counter Party
:
-
     
Relation with Counter Party if any
:
-
     
Value Determination Method of Non-current Financial Asset
:
-
     
Did Valuation Report be Prepared?
:
No
     
Reason for not Preparing Valuation Report if it was not Prepared
:
Not required by the legislation.
     
Value Determined in Valuation Report if Exists
:
-
     
Reasons if Transaction wasn’t/will not be performed in Accordance with Valuation Report
:
-

 
 
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:  September 22, 2017
By:
  /s/  Zeynel Korhan Bilek
 
 
Name:
Zeynel Korhan Bilek
 
 
Title:
Investor Relations and Mergers & Acquisition Director
 
       
                 
                          
 
TURKCELL ILETISIM HIZMETLERI A.S.
 
     
     
Date:  September 22, 2017
By:
  /s/Bulent Aksu
 
 
Name:
Bulent Aksu
 
 
Title:
Finance Executive Vice President
 
       
 
 
 
 
 
 
 
 
 
 

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