|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash Dividend Payment Amount and Rates
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount and Rate of Cash Dividend Stock Dividend Payment
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Explanations
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
According to the financial statements of the company for the 01.01.2021-31.12.2021 accounting period, which is prepared in compliance with the Capital Markets Board (CMB) Communiqué no.II-14.1 on "Principles of Financial Reporting in the Capital Markets" and audited by Drt Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., a consolidated Net Period Profit of TRY 697,435,000 has been generated. At the meeting of our Board of Directors on 8 March 2022, it has been unanimously decided that; -As explained in the dividend distribution table, in accordance with the Article 31 of our Articles of Association and the CMB communiqué, TRY 64,854.990.83 shall be set aside as Primary Legal Reserve from Net Distributable Period Profit, and distributed the total amount of TRY 1,120,000,000.00 as First Dividend to Shareholders (Stock Dividend) by adding all of the remaining TRY 636,990,908.03 of Net Distributable Period Profit and a portion of TRY 483,009,091.97 of Extraordinary Reserves. -Based on our legal records prepared in accordance with the provisions of the Tax Procedure Law; in accordance with the provisions of the Tax Procedure Law, TRY 64,854,990.93 shall be set aside as Primary Legal Reserves from Net Distributable Period Profit of TRY 1,361,801,286.34, and TRY 112,244,825.84 of the remaining TRY 1,236,655,724.70 Net Distributable Period Profit shall be set aside as Extraordinary Reserves, and the remaining TRY 1,120,000,000.00 Net Distributable Period Profit shall be distributed as First Dividend to Shareholders (Stock Dividend). -100% stock dividend (bonus) shall be distributed to the shareholders in return for the existing capital of TRY 1,120,000,000, and this issue shall be submitted to the approval of the Ordinary General Assembly. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DIVIDEND DISTRIBUTION TABLE
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SASA POLYESTER SANAYİ A.Ş. 01.01.2021/31.12.2021 Period Dividend Payment Table (TL)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Payment Rates Table
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Rate Table Explanations
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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.