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BİM BİRLEŞİK MAĞAZALAR A.Ş.

Transaction in Own Shares Nov 26, 2020

5896_rns_2020-11-26_6c2f14d7-3354-4f9d-a8fe-897164817704.html

Transaction in Own Shares

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Summary Info Termination of Share Buyback Program
Update Notification Flag Yes
Correction Notification Flag No
Postponed Notification Flag No
Company Performs the Buy-Back BİM BİRLEŞİK MAĞAZALAR A.Ş.
Company Subject to Buy-Back BİM BİRLEŞİK MAĞAZALAR A.Ş.
Type Of Buy-Back Other
The Purpose of Buy-Back The share price does not reflect the real performance of the Company's activities.
Board Decision Date 07.08.2020
Number Of Shares To Be Acquired 10.000.000
Maximum Amount To Be Paid (TL) 700.000.000

Details of Buy-Back

Code of Share Subject to Buy-back Transaction Date Nominal Value of Shares Subject to Transaction (TRY) Ratio To Capital (%) Transaction Price (TRY / Unit) Privileges, If Any, Associated With These Shares
BIMAS, TREBIMM00018 07.08.2020 10.000 0,002 62 -
BIMAS, TREBIMM00018 10.08.2020 1.400.000 0,231 64,358 -
BIMAS, TREBIMM00018 11.08.2020 725.000 0,119 65,787 -
BIMAS, TREBIMM00018 12.08.2020 1.675.000 0,276 66,271 -
BIMAS, TREBIMM00018 13.08.2020 1.592.393 0,262 67,297 -
BIMAS, TREBIMM00018 14.08.2020 180.500 0,03 67,431 -
BIMAS, TREBIMM00018 01.09.2020 15.000 0,002 67,457 -
BIMAS, TREBIMM00018 03.09.2020 11.000 0,002 67,475 -
BIMAS, TREBIMM00018 10.09.2020 62.099 0,01 67,59 -

Completion of Buy-Back

Code of Share Subject to Buy-back The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit) The Average Price Paid For The Buy-Backed Shares (TRY / Unit) The Cost-Of Buy-Back Program (TRY) Source Used in the Buy-Back Process Total Number Of Buy-Backed Shares Ratio Of Buy-Backed Shares To Capital (%)
BIMAS, TREBIMM00018 67,6 66,07 374.707.649,93 Şirket İç Kaynakları/Internal Resources 5.670.992 0,934

Additional Explanations

The Board of Directors has taken the following decisions on the 26 November 2020 referring to the share buy-back program started on 07.08.2020;

1) The buy-back program is ended as of November 26, 2020,

2) The public disclosure liabilities are to be met regarding the buy-back transaction within the program,

3) The shareholders are to be informed about the related transactions in the first General Assembly Meeting.

4) Executive Committee Member & CFO Haluk Dortluoğlu is authorized to sell the shares which are bought within the buy-back program on the market if required.

The total number of shares bought back within the program is 5.670.992 in nominal which correspond 0,9340% of the company share capital and TL 374.707.649,93 paid for the transactions in total. The buy-back was financed from the company internal resources. The lowest and highest transaction prices per share were TL62,00 and TL67,60 respectively. The average transaction price was TL66,07.

In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

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