PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Notification Regarding Dividend Payment

Publish Date:20.03.2019 16:25:57
Disclosure Type:ODA
Year:
Period:
Summary Info
Notice regarding 2018 Period Profit/Loss
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
20.03.2019
Date of Related General Assembly
17.04.2019
Type of Cash Dividend Payment
Cash Dividend Will Not Be Paid
Currency Unit
TRY
Type of Stock Dividend Payment
Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount
-
Amount and Rate of Cash Dividend Payment
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 (%)
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 (%)
PGSUS, TREPEGS00016
0
0
0
0
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
PGSUS, TREPEGS00016
0
0
Additional Explanations
Pursuant to the profit distribution chart adopted by our Board of Directors through its resolution dated March 20, 2019 and numbered 659 and provided as Annex-3 hereto, according to our accounts based on Turkish Financial Reporting Standards and based on our statutory records prepared in accordance with the Turkish Tax Procedure Law No. 213, and considering the Company's growth strategy and its aim for creating long-term shareholder value, the allocation of the Company's net distributable profit for 2019, in accordance with the law, Article 21 of the Company Articles of Association and Pegasus Dividend Policy, as extraordinary reserves with the purpose of strengthening liquidity and creating additional resource for growth in operations will be submitted for the approval of our shareholders.
DIVIDEND DISTRIBUTION TABLE
PEGASUS HAVA TAŞIMACILIĞI A.Ş. 01.01.2018/31.12.2018 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
102.299.277
2. Total Legal Reserves (According to Legal Records)
5.016.306,41
Information on privileges in dividend distribution, if any, in the Articles of Association:
No Privileges For Dividend Distribution
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
542.265.846
480.498.631,13
4. Taxes Payable (-)
40.148.831
24.579.808,18
5. Net Current Period Profit
502.117.015
455.918.822,95
6. Losses in Previous Years (-)
0
185.399.211,24
7. Primary Legal Reserve (-)
13.525.981
13.525.980,59
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT
488.591.034
256.993.631,12
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
488.591.034
256.993.631,12
9. Donations Made during the Year ( + )
454.137
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
489.045.171
0
11. First Dividend to Shareholders
0
0
* Cash
0
0
* 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 None Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
0
0
16. Secondary Legal Reserves
0
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. EXTRAORDINARY RESERVES
488.591.034
256.993.631,12
20. Other Distributable Resources
0
0
Dividend 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 (%)
- - -
0
0
0
0
0
TOTAL
0
0
0
0
0
Dividend Payment Table Explanation

Pursuant to the profit distribution chart adopted by our Board of Directors through its resolution dated March 20, 2019 and numbered 659 and annexed hereto, according to our accounts based on Turkish Financial Reporting Standards and based on our statutory records prepared in accordance with the Turkish Tax Procedure Law No. 213, and considering the Company's growth strategy and its aim for creating long-term shareholder value, the allocation of the Company's net distributable profit for 2019, in accordance with the law, Article 21 of the Company Articles of Association and Pegasus Dividend Policy, as extraordinary reserves with the purpose of strengthening liquidity and creating additional resource for growth in operations will be submitted for the approval of our shareholders.

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.