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Amount and Rate of Cash Dividend Payment
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Cash Dividend Payment Dates
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Amount and Rate of Cash Dividend Stock Dividend Payment
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Additional Explanations
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On October 17, 2018 Ford Otomotiv Sanayi A.Ş. Board of Directors has concluded the following decision for General Assembly approval; -TL 403.546.500,00 to be paid to shareholders as dividend in cash. Out of TL 403.546.500,00 which is subject to distribution according to the records prepared in accordance with Tax Procedure Law, TL 394.388.607,56 to be covered from extraordinary reserves, TL 2.192.856,99 to be covered from legal reserves, TL 6.965.035,45 to be covered from other reserves, and out of TL 40.354.650,00 second rank legal reserve, which will be allocated: TL 39.438.860,75 to be covered from extraordinary reserves, TL 219.285,70 to be covered from legal reserves, TL 696.503,55 to be covered from other reserves. In accordance with the financial statements prepared within the framework of Capital Markets Board regulations, out of TL 403.546.500,00 proposed to be paid as dividend in cash, TL 401.353.643,01 to be covered from extraordinary reserves, TL 2.192.856,99 to be covered from legal reserves and; out of TL 40.354.650,00 second rank legal reserve, which will be allocated; TL 40.135.364,30 to be covered from extraordinary reserves, TL 219.285,70 to be covered from legal reserves, -According to the calculations made in accordance with the tax regulations, TL 403.546.500,00 dividend to be distributed by paying gross Kr 115,00 (%115,00) and net Kr 97,75 (%97,75) for each share with a nominal value of 1-TL, -To make the dividend distribution in accordance with the dematerialization regulations of Merkezi Kayıt Kuruluşu A.Ş. (Central Registry Agency Corporation) starting from November 20, 2018. 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. |
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.