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 April 16, 2018
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 April 16, 2018, regarding the licensing process of Paycell Limited Liability Company.
 

 
 
Istanbul, April 16, 2018


Announcement Regarding the Licensing Process of Paycell Limited Liability Company

With reference to our announcements dated September 21 st , 2017, November 21 st , 2017, January 22 nd , 2018 and February 13 th 2018, the application for payment infrastructure operator license of the financial company titled “Paycell LLC”, established in Ukraine by our wholly owned subsidiary lifecell Limited Liability Company (“lifecell LLC”) based in Ukraine, was made and the application preparation process for its local currency transfer license is ongoing.
          
                 
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 local currency transfer license is 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 Arise?
:
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:  April 16, 2018
By:
 /s/   Zeynel Korhan Bilek
 
 
Name:
Zeynel Korhan Bilek
 
 
Title:
Investor Relations and Mergers & Acquisition Director
 
       
                                     
 
TURKCELL ILETISIM HIZMETLERI A.S.
 
     
     
Date:  April 16, 2018
By:
  /s/Bulent Aksu
 
 
Name:
Bulent Aksu
 
 
Title:
Finance Executive Vice President
 
       

 
 
 
 
 
 
 
 
 
 

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