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 March 24, 2020
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-Fx 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 x
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 x
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 x
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 March 24, 2020, regarding the Board of Directors resolution on buy-back of securities.
Istanbul, March 24, 2020
Announcement Regarding the Board of Directors Resolution on Buy-back of Securities
Our Company’s Board of Directors had resolved during the meetings dated July 27, 2016 and January 30, 2017 to determine the maximum fund amount to be utilized to buy-back our shares trading at Borsa İstanbul A.Ş., our American Depository Receipts (ADR) trading at New York Stock Exchange (NYSE) and to purchase Eurobonds of our Company as TRY300 million within the scope of the announcements of the Capital Markets Board dated July 21, 2016 and July 25, 2016.
Our Company’s Board of Directors has now resolved to increase the respective maximum fund amount to TRY450 million to protect our investors against recent market volatility that originated mainly from COVID-19 virus and to support indicative value of our assets traded in capital markets taking also into consideration the announcement of Capital Markets Board dated March 23, 2020.
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. |
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| Date: March 24, 2020 | By: | /s/ Zeynel Korhan Bilek |
| | Name: | Zeynel Korhan Bilek |
| | Title: | Treasury & Capital Markets Management Director |
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| | TURKCELL ILETISIM HIZMETLERI A.S. |
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| Date: March 24, 2020 | By: | /s/ Osman Yılmaz |
| | Name: | Osman Yılmaz |
| | Title: | Chief Financial Officer |
